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New York 

Banker & Broker s 

Manual 



of the 



New York 




Mining, 


Stock, 




Cotton, 


Produce, 


Exchanges, 
for 

1 880-8 1. 


Petroleum 









The 



New York 

Banker & Broker s 

Manual 

of the 
Nezv York 
Stock, 

Produce, 

Milting, 

Cotton, 

Petroleum 

Exchanges, 
for 

1880-81. 

• MAY 2 

New York : o, r 
The N. Y. Banker 6° Broker Publishing Co. 

1881. 






Copyright, 

1881. 



PREFACE. 

This is intended to be the initial of a periodical Manual, 






that will be issued at least annually, perhaps monthly, and 
which will be the most complete, reliable and convenient book 
of reference for all directly interested in the commercial 
Exchanges of New York city. Nothing will be spared to bring 
the information and statistics to date, absolutely correct ; any 
error will be owing to the neglect or refusal of the proper 
officials to revise proofs. 

This Manual is published under the auspices of The New 
York Banker & Broker, a daily record of business trans- 
actions, which assumes, as the reason of its existence, that 
New York is destined soon to be the commercial and financial 
metropolis of the world, and that this destiny will be hastened 
by a broader and better knowledge of the city's commercial 
and financial Exchanges. By concentrating all its resources on 
most correctly, conveniently and promptly reporting the trans- 
actions at these Exchanges, The New York Banker & 
Broker hopes to merit its title, and win for itself and its 
Manual the cordial co-operation of all who desire New York 
to hold the crown of commercial supremacy. 



CONTENTS. 

Page. 
Digest of Railroads, -___.- 5-32 

Stock Exchange : Range of Prices and Amount Stocks, 33-36 

Bonds, 36-41 

11 Rules and Forms, - 41-42 

New York Mining Stock Exchange, - 42 

American Mining Stock Exchange, - 43 

Mining Stocks : Range of Prices - 44 

Produce Exchange : Rules and Forms, - 45~47 

Cotton Exchange: Rules, Forms, Prices and Transactions, 47-50 

Petroleum Exchange : " " " 50-52 

General Statistics. — United States, ... 52-55 

New York State, - 56-57 

New York City, - 57-59 

Gold and Silver : Production and Use, Coinage, - - 59-74 

Directory Transfer Offices, Banks, &c, - - 75-8o 

J® 151 Special Notice. — The Digest, Security Lists and 

Director}* are arranged alphabetically. 



The new York banker &> broker 
DIGEST 

OF 

RAILROADS. 



ATCHISON, TOPEKA & SANTA FE. 

Miles of road owned December 31, 1ST9 470 

" '*' leased " " 70S 

" " constructed in 1 380 413 

Total 1,591 

Capital stock, (par S100 per share) | 

Bonded Debt 28,759,200 

Semi-annual dividend of 2 per cent, paid on stock on Xov. 
15th, 1SS0. 

This company, with the St. Louis «Sc San Francisco Company, 
is constructing the Atlantic <&: Pacific road to the Pacific. 

EARNINGS. 
Miles. Gross. 

1878 B68 -: -.-: - ~ 

1^79 1.167 6,381,443 "3.41 -.81 5 

1,591 8,543,185 

RANGE OF PRICES IN 1880. 

High- Low- Shares 

est. est. sold. 

Stock 148 134§s 810 



BALTIMORE & OHIO. 

Miles of main line owned 379 

" branches " 56 

" leased lines owned 112 

" Unes controlled 902 

Total 1,449 

Stock (par value S100 per share) sl4.7'r 2 

Stock, preferred, t,par $100 5,00 

Bonded debt 3^,059,375 

EARNINGS. 

Gross. Net. 

1*7* $13,765,879 |5,99E 78 

1^79 14,193,980 : >,38c 

18,317,740 36,970 



6 New York Banker 6° Broker Manual. 

RANGE OF PRICES 1880. 

High- Low- Am'nt 

est. est. sold. 

First Parkersburg Branch 6s. . . .113 108^ $37,000 

Common stock paid semi-annual dividend 5 per cent. No- 
vember, 15, 1880. 

Preferred stock paid semi-annual dividend 3 percent., Jan- 
uary, 1 88 1. 



CANADA SOUTHERN. 

Miles of main line owned 230 

Miles of branches owned 170 

Total 400 

Stock, (par value $100 per share) $15,000,000 

Bonded debt 13,497,311 

Interest on the bonded debt, at the rate of 3 per cent, per 
annum, is guaranteed by the New York Central Railroad Com- 
pany for 20 years from 1878. The bonds carry interest at 5 
per cent, after 1881. 

EARNINGS. 

1878. 1879. 1880. 

Gross $2,480,873 $2,995,366 $3,717,277 

Expenses 2,070,258 2,448,091 2,393,051 

Net $410,615 $547,275 $1,324,226 

Interest accrued 353,428 391,452 420,000 

Surplus $57,187 $155,823 $904,226 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Stock %\% 40 819,600 shares. 

Bonds 104^ 88 $7,884,000 

CENTRAL OF NEW JERSEY. 

Miles of main line owned 73 

" branches owned 57 

" lines leased 265 

Total 395 

Stock (par value $100 per share) $18,563,200 

Bonded debt (7 per cent.) $53,200,000 

EARNINGS. 

Gross. Net. 

1878 $5,589,526 $2,302,770 

1879 6,730,980 2,635,586 



New York Banker d>» Broker Manual. 



RANGE OF TRICES 1880. 

High- Low- 
est, est. 

Stock 90^ 45 

Bonds— First new 1 890 119 1 1 5V6 

First con. ass't'd 116 90 

First conv. ass't'd ... 1 1 5 96 

Adjustment 113 1053^ 

Income 97 72>£ 



Amount 

sold. 
4,743,319 shares 
$257,000 
3,874,000 
1,254,000 
847,000 
2,414,100 



CENTRAL PACIFIC. 

Miles of main line owned 883 

" auxiliary lines owned 330 

" lines leased 1,147 

Miles constructed and leased 1880 22(5 

Total 2, 560 

Capital stock ($100 par value) $54,275,500 

Semi-annual dividend of 3 per cent, paid on stock for 18S0. 

Bonded debt, funded $57,030,000 

U. S. Subsidy bonds 27,855,680 

The annual interest charge on bonds is $3,667,885. 
Interest on U. S. bonds not payable until loan matures. 

EARNINGS. 

Miles. Gross. Net. 

1878 1,941 $17,530,858 $8,750,546 

1879 2,178 17.153,163 6,945,300 

1880 2,360 20,410,424 

RANGE OF PRICES 1880. 
Low- 



High- 
est, est. 

Stock 97^ 63 

Bonds— 1st guar 118 108^ 

Land Grants 106^ 103 

San Toaquin 1st 109 101% 

Cal.'& Oregon 1st. ..106^ 100 



Amount 

sold. 
242,361 shares. 
$1,203,000 
142,000 
203,000 
163,000 



CHESAPEAKE & OHIO. 

Miles of main line owned 428 

" branches owned V) 

Total 437 

Common stock $15,906,138 

First preferred stock 6,347,803 

Second preferred stock 7,646,315 

Total $29,900,256 

Bonded debt bearing 6 per cent, interest 30,268,000 



New York Banker &> Broker Manual. 

EARNINGS. 

Gross. Net. 

1878-79 $1,891,542 $384,209 

1879-80 2,514,245 569,227 

RANGE OF PRICES IN 1880. 

High- Low- Amount 

est. est. sold. 

Common stock 25^ 15 328,053 shares. 

First preferred stock 36U 22 53,015 " 

Second preferred stock 27M 17 44,779 " 

Bonds— Series B 82% 59^ $9,373,900 

Currency 6s 51 35 9,119,500 



CHICAGO & ALTON. 

Miles of main line owned 244 

" branches owned 122 

" line leased 475 

" line operated 220 

Total 1,061 

Common stock $11,181,400 

Preferred stock, 7 per cent, per annum, not cumulative 2,425,400 

Total $12,606,800 

Bonded debt $12,981,950 

Semi-annual dividend of 3^ per cent, paid on common and 
preferred stock in 1880. 

EARNINGS, CALENDAR YEAR. 

Gross. Net. 

1878 $4,671,519 $2,156,385 

1879 5,755,677 2,706,156 

1880 7,681,225 3,652,402 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Common stock 159^ 99J*£ 105,719 shares 

Preferred stock 160 117 1,077 " 

Bonds 1st 125 102 $57,000 

Income 117 103^ 49,000 

Sinking Fund 6s g. . 115 108 21,000 

Joliet and Chi. 1st. 108^ 105 18,000 

La. and Mo. R. 1st. 115 110 60,000 

2d. 101 100 20,000 

St. L., J. & Chi. 1st. 115^ 1123^ 14,000 

CHICAGO, BURLINGTON & QUINCY. 

Miles main line owned January 1, 1880 675 

" branches " " 2,008 

" line leased and controlled 97 

" controlled m 1880 325 

Total 3,105 

Capital stock (par value $100) $54,053,100 

Republican Valley stock exchangeable January 1, 1885, (no 
dividends thereon until then) $1,565,000 



New York Banker &> Broker Manual. 9 

Dividend of 2 per cent, quarterly paid in 1880. Also extra 

cash dividend of #1.25 per share on May 3, 1880. 

Bonded debt $54,418,725 

EARNINGS. 

Gross. Net 

Jgg $14,119,665 $6,586,530 

3879 14,817,105 7 588,883 

1880 20,492,045 10,687^552 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Stock.. 1833^ 113 350,325 shares 

Bonds— 1st 8s Ill 108^ $377,000 

7s coup 131^ 118}| 878,000 

5s Sinking Fund.. Ill 100 11,000 



CHICAGO, MILWAUKEE & ST. PAUL. 

Miles of road owned and leased 2,256 

" constructed and leased in 1880 1,371 

Total 3,627 

Common stock (par $100) $15,404,261 

Preferred stock (7 per cent, per annum, not cumulative) 12,279,4S3 

Total $27,683,744 

Semi-annual dividend of 3^ per cent, paid on both com- 
mon and preferred stock in 1880. 

Bonded debt $41,349,500 

EARNINGS. 

Miles. 

1878 1,772 

1879 2,256 

1880 3,627 



High- 
est. 

Common stock 114^ 

Preferred stock 124% 

Bonds— 1st 8s S. Minn div.lll 
Chi. &Mil. div....l25 

Consolidated 127 

Lac. & Dav. div... 102^ 
1st I. & D. div. ex.1 23% 
1st H. &D. div... 120 
1st Riv. div. guar. 128 
1st Lacrosse div.. .125 



Gross. 


Net. 


$8,451,767 


$3,659,454 


10,012,819 


4,539,025 


13,114,810 




PRICES. 




Low- 


Amount 


est. 


sold. 


£2^ 


5,554,943 shares. 


99 


169,193 " 


Jvl^ 


$1,782,500 


113 


326,000 


107% 


3,124,000 


90 


562,000 


107^ 


962,000 


111 


973,000 


111 


316,000 


111*6 


883,000 



io New York Banker 6° Broker Manual. 



RANGE OF PRICES. 

High- Low- Amount 

est. est. sold. 

Common stock 130 87^ 3,351,898 shares. 

Preferred stock 146^ 104 221,154 " 

Bonds— Sinking Fund 112^ 105^ $644,500 

Consolidated 135>£ 121 585,000 

Istgen 112 107^ 149,000 

gen. con. coup. g. .130 115 1,458,000 

gen. con. reg. g. . .127 115££ 374,000 

Winona&St.P.lst.lll 108 170,000 



CHICAGO & NORTHWESTERN. 

Miles of line owned 1,632 

" proprietary roads 652 

" road controlled 229 



Total 2,513 

Common stock (par $100) $14,988,257 

Preferred stock (7 per cent, per annum, not cumulative) 21,525,352 

Total $36,513,609 

Quarterly dividends of i^ per cent, on the preferred and 
semi-annual dividends of 3 per cent, on the common stock 
were paid in 1880. 

Bonded debt $36,11 5,000 

Annual interest charge , 3,322,015 

EARNINGS. 
Miles. Gross. Net. 

1877-78 2,037 $14,751,062 $7,130,117 

1878-79 2,129 14,580,921 6,873,272 

1879-80 2,284 17,349,349 8,917,750 



CHICAGO, ROCK ISLAND & PACIFIC. 

Miles of road owned 1,( 

" road leased J 



Total 1,348 

Capital stock (par $100 per share) $41,960,000 

Quarterly dividend of 1^ per cent, paid February 1, 1881. 

Bonded debt $15,000,000 

Annual interest charge 950,000 

EARNINGS. 

Miles. Gross. Net. 

1877-78 1,008 $7,895,870 $3,511,356 

1878-79 1,231 9,409,833 4,329,960 

1879-80 1,348 11,061,662 5,265,116 



New York Banker &* Broker Ma?iual. 1 1 



RANGE OF PRICES. 

High- Low- Amount 

est. est. sold. 

Stock 204 100^ 218,270 shares. 

Bonds-lst 1 00 94 $140,000 

new 6s 1917 cou. 130 117 313,000 

new 6s 1917 reg. 125^ 113^ 239,000 



CINCINNATI, INDIANAPOLIS, ST. LOUIS & CHI- 
CAGO. 

Miles of road owned 194 

" " leased and controlled 106 

Total. 300 

Capital stock $4,000,000 

Bonded debt, interest 6 per cent, per annum 7,500,000 

EARNINGS. 
Miles. Gross. Net. 

1877-78 194 $1,309,087 $494,388 

1878-79 194 1,342,701 507,920 

1879-80 300 1,761,242 491,487 

RANGE OF PRICES. 
High- Low- Amount 

est. est. sold. 

Stock 89^ 75 2,242 shares. 

Bonds, consol. 6s 106 94^ $24,000 



CLEVELAND, COLUMBUS, CINCINNATI & INDIAN- 
APOLIS. 



Total 471 

Capital stock $14,991,800 

Dividend of 5 per cent, paid February 1, 1 881. The 
August dividend was passed. 

Bonded debt, 7 per cent, interest : 

1st mortgage (C, C. & C. R. R.) $25,000 per year $100,000 

(Bel. & Ind.) exchangeable ior new mortgage 396,000 

" C, C, C. & I. Sinking Fund 3,000,000 

Consol. mortgage for $7,500,000 (Sinking Fund 1 per cent) 2,766,000 



Total $6,262,000 

EARNINGS. 

Gross. Net. 

1878 $3,528,714 $745,203 

1879 3,758,967 982,748 

1880 4,396,019 



1 2 New York Banker &> Broker Manual. 



RANGE OF PRICES. 

High- Low- Amount 

est. est. sold. 

Stock 96^ 61 266,392 shares. 

Bonds— 1st mortgage 127 111^ $38,000 

Consol 120 107 387,000 

1st Sinking Fund.120^ 117 70,000 



COLUMBUS, CHICAGO & INDIANA CENTRAL. 

Miles of main line owned 187 

" branches owned and leased 393 

Total 580 

Capital stock (par $100) $13,938,782 

Bonded debt, 7 per cent, interest 26,561,245 

EARNINGS. 

Miles. Gross. Net. 

1878 581 $3,433,665 $411,514 

1879 580 3,911,261 756,300 

RANGE OF PRICES. 

High- Low- Amount 

est. est. sold. 

Stock 25^ 9}4 674,525 shares. 

Bonds— 1st 110 793^ $2,468,000 

1st Trust Cer. inc. .107^ 78 12,282,000 

Income 60 30 9,841,000 

Leased to Pittsburg, Cincinnati & St. Louis, and lease guar- 
anteed by Pennsylvania Railroad. 



DELAWARE & HUDSON CANAL COMPANY. 

Miles of canal owned 148 

Miles of railroad leased 541 

The roads leased are the Albany and Susquehanna, 181 
miles ; Rensselaer and Saratoga, 183 miles, and the New York 
and Canada, 150 miles. 

Capital stock ($100 par) $20,000,000 

No dividend paid since Aug. I, 1876. 

Bonded debt, interest 7 per cent $19,837,000 

INCOME ACCOUNT. 
Receipts. Disbursements. Deficit. 

1878 $6,759,296 $6,818,887 $59,591 

1879 7,354,475 7,985,118 630,643 

1880 8,948,327 7,596,905 profit 1,35:,422 



New York Banker 6° Broker Manual. 13 

RANGE OF PRICES 

High- Low- Amount 

est. est sold. 

Stock 92H 60 1,012,069 shares. 

Bonds— 1st reg. 1884 108}| 102^ 8141,000 

7s 1891 115 105 279,000 

7s 3894 117^ 107 287,000 

IstPenn. Div 122 110& 581,000 

Alb. & Sus. 1st con. 125^ 107^ 490,000 



DELAWARE, LACKAWANNA & WESTERN. 

Miles of main line owned 115 

" branches owned 93 

" road leased 338 

" road controlled 1 24 

Total 670 

Capital stock (par $50) $26,200,000 

Quarterly dividend of i^ per cent, paid in 1880. 

Bonded debt, interest 7 per cent $5,677,900 

Interest and rentals, 1879 3,624,430 

EARNINGS. 

Gross. Net. 

1878 $14,454,405 $3,618,129 

1879 20,226,708 3,810,451 

1880 21,656,604 5,903,471 

RANGE OF PRICES. 

High- Low- Amount 

est. est. sold. 

Stock HOW 68^ 8,308,704 shares. 

Bonds-2d 110M 101 $56,000 

Conv. 7s, 1907 125 116^ 71,000 



DENVER & RIO GRANDE. 

Miles of main line owned Jan 1, 1880 251 

" branches " " " 89 

" road constructed in 1880 370 

Total 710 

Capital stock ($30,000,000 authorized) $16,000,000 

Bonded debt, 7 per cent, interest : 

1st mortgage sinking fund g $6,382,500 

" g. Arkansas Valley div 1,040,000 

" consol. ($15,000 per mile) 8,475,000 

Total $15,897,500 

EARNINGS. 

Gross. Net. 

1878 $1,124,571 

1879 1,157,466 

1880 3,478,066 $1,710,461 



: _ New York Banker -er Manual. 

SS OF PRICES. 
est. est. 

K 

i^dc«i imi mi 




HANNIBAL a: ST JC -ZPH. 

M_es ::==.- !:-e ; — e-i 



TotaL... *U»251,7M 

The pref ened stock paid a dividend of 3 per cent, in Aug- 
ust, 1880. 

3—-:: t&OMH 

_._-,. ^ :t - r : : ;-.-:--- nifim 

1 - 

7 :s5 Net. 

: — ?-; :~ -_v.> i- . - 

- . 1.997.4C5 

135© 2,561,390 ::-->. 

RANGE OF PRICES. 

H:: I.:-- Air :: ■_- : 

iT.ii 1 umii. as :»: pm m 



HOUSTON £ TEXAS CENTRAL. 

43 



Miles of samlaeovned £41 

169 



7::^ 



- -;; 
' : i" -- 

EARNINGS. 
:--? = 

103MB 5 : 3 9N 

RANGE OF PRICES. 

r z Lmm- .--.-.-- 

t- t-z s : 

-*"'.' — ^9h r"'"^ ■ " 

i :-::-; = : - ^- t W I . - ~\ >:--•. 

: : .- : j > Ml 

7s ^Ts. *r 113 : K m »:■ 



New York Banker &* Broker Afanua/. 



ILLINOIS CENTRAL. 



Miles of Hue owned 

M " controlled and leasee 



Total --" 

Capital Steele par |BM IS >• •• 

Semi-annual dividends of 3 per cent paid in iSSo. 

Bondeddebt, --> - V 

A:. .::;:-: .:.--.: r . . '-:« 

EARNINGS. 

$7.111. 1S4 

RANGE OF PL] 
1 1 . Low- 

est, est. 

< isa 1 mi 



\-~ V 



• : r_ : -4 



INDIANA. BLOOMINGTON ,3c WESTE 



M rs ::' r: i: - t : 



Total 

Capital s: •;<. 



I I 






Bonded debt. 

Arr.-. intcica l dhatge 










- -, 5 -a.- -5 

- .. 






INTERNATIONAL ft GREAT NORTHERN. 



Miles :: Enea owned |aanar] 1 1881 
Bunded lent: 

First mortgage bonds 6 per cent) 






TntaJ 



ft* 



chaqgc 



:•- V 



s--> :.«. 



1 6 JVew York Banker &> Broker Manual. 



EARNINGS. 
Miles. Gross. Net. 

1878 519 $1,636,585 $571,983 

1879 519 1,775,861 578.087 

1880 609 1,973,582 709,200 

RANGE OF PRICES. 

High- Low- Amount 

est. est. sold. 

Stock 503^ 373^ 6,038 shares. 

Bonds— 1st 107 993^ $623,000 

Income 91 69 960,000 



LAKE ERIE & WESTERN. 

Miles of road owned 386 

Capital stock $7,700,000 

Bonded debt 7,727,000 

Annual interest charge (absolute) 258,900 

GROSS EARNINGS. 

1879 $695,259 

1880 1,303,725 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Stock 42M 2034 781,946 shares. 

Bonds— 1st 107M 93>| $1,331,000 

inc. 7s 73 54 3,375,000 

Laf., Bl. &M. 1st. 106 61 1,391,000 

" Inc, 74M 67 443,000 

The company is a consolidation of the Lafayette, Blooming- 
ton & Muncie and the Lake Erie & Western, effected Decem- 
ber 12, 1879. 



LAKE SHORE & MICHIGAN SOUTHERN, 

Miles of main line owned 540 

" branches owned 484 

" line leased 153 

Total 1,177 

Capital stock §49,466,500 

Guaranteed 10 per cent, stock 533,500 

Total $50,000,000 

Semi-annual dividends of 4 per cent, on the common and 

of 5 per cent, on the guaranteed stock were paid in 1880. On 

and after May 1, 1 88 1, dividends on common stock will be 

paid quarterly. 

Bonded debt $37,930,000 

Annual interest charge 2,598,455 



New York Ba?iker &* Broker Manual. 1 7 

EARNINGS. 

Gross. Net. 

1878 §13,979,766 $5,493,165 

1879 15,271,492 6,336,968 

1880 18,720,000 8,310,000 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Common stock 1 39% 95 5,428,252 shares. 

Bonds— nc. 1st 133 118M $5(51,000 

" 2d 125 114^| 371,000 

Buf. & E. ext. new.123 108 156,000 

CI. &Tol. S. F 112 108 125,000 

" 2dnew.ll8 107 8,000 



LOUISVILLE & NASHVILLE. 

Miles of main line owned 435 

" branches owned 477 

" road leased 554 

" " controlled 912 

Total operated 2,378 

Capital stock (par $100) $18,118,800 

A stock dividend of ioo per cent, was paid Dec. i, 1880. 

Bonded debt $43,862,970 

Annual interest charge 2,050,900 

EARNINGS. 

Gross. Net. 

1877-78 $5,607,599 $2,344,243 

1878-79 5,387,596 2,231 ,772 

1879-80 7,435,843 3,227,643 

RANGE OF PRICES 1880. 

High. Low- Amount 

est. est. sold. 

Stock 174 *77 346,202 shares. 

Bonds-consol 121 113 $248,000 

2d gold 106^ 103 181,000 

Cecilian branch.... 110 106 10,000 

general 6s 1 06^ 1 02% 587,000 

N. O. &M. div....l04 100}^ 134,000 

Nash. & Decatur.. 115 106^ 79,000 
*Ex-dividend of 100 per cent, in stock. 



MANHATTAN ELEVATED. 

Miles of road operated 44 

Capital Stock $13,000,000 

The company leases and operates the lines of the New York 
and the Metropolitan companies. It guarantees 6 per cent, 
per annum on $21,000,000 of bonds and 10 per cent, on $13,- 
000,000 of stock of these companies. 



1 8 New York Banker 6° Broker Manual 

EARNINGS OF LEASED LINES. 
(Year ended September 30, 1880.) 

Gross. Net. 

New York $2,592,665 $1,165,465 

Metropolitan. 2,021,294 814,794 

Total .$4,613,959 $1,980,259 

After payment of interest on the bonds there would be left 
applicable to dividends on stock as follows : 

New York $636,165 9 79-100 per cent. 

Metropolitan 205,344 3 16-100 per cent. 

RANGE OF PRICES 1880. 
High- 
est. 
Stock 57^ 



Low- 


Amount 


est. 


sold. 


21 


1,677,534 shares. 



METROPOLITAN ELEVATED. 

Miles of road owned (double track) 1834 

Capital stock (par $100) $6,500,000 

Quarterly dividend of 2^ per cent, paid January I, 1881. 

Bonded debt (interest 6 per cent.) : 

1st mortgage $8,500,000 

2d " (guaranteed by Manhattan) 4,000,000 

Total $12,500,000 

The road is leased to the Manhattan company at a rental of 

io per cent per annum on the stock and interest on the bonds. 

RANGE OF PRICES 1880. 
High- 
Stock 121 

Bonds— 1st 1063^ 

2d 95 



Low- 


Amount 


est. 


sold. 


83 


145,742 shares. 


100V 
»l£ 


$9,827,000 


113,000 



MICHIGAN CENTRAL. 

Miles of line owned 270 

" leased 534 

Total : 804 

Capital stock (par $100) $18,738,21)4 

Paid semi-annual dividends of 4 per cent, in 1880. 

Bonded debt $21,113,700 

Annual interest and rent charge 1,602,910 



New York Banker &> Broker Manual. 19 

EARNINGS. 

Gross. Net. 

1878 $6,872,094 $2,504,856 

1879 7,345,700 2,715 836 

1880 9,100,000 3,370,000 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Stock 130^ 75 1,412,160 shares. 

Bonds— cons. 7s 1 29^ ] 16M 8493, 000 

IstS. F. 8s 115 106 212,000 



MISSOURI, KANSAS & TEXAS. 

Miles of main line owned 576 

" branches owned 232 

Total 808 

Capital stock (par $100) $21,405,000 

On November 17, 1880, the stockholders voted to increase 
the stock $25,000,000 to make extensions to Rio Grande River, 
City of Mexico, and Fort Smith, Ark. 

Bonded debt $26,744,553 

Annual interest charge 1,455,000 

A new consolidated mortgage for $45,000,000 has been au- 
thorized. 

EARNINGS. 

Gross. Net. 

1878 $2,981,681 $428,833 

1879 3,344,291 1,140,439 

1880 4,163,070 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Stock 49W 28^ 3,764,881 shares. 

Bonds— cons, ass't 114j| 92^ $20,458,000 

2d income 79U 47^6 59,092,000 

H. & Cen. Mo. 1st. Ill 108W 33,000 



MOBILE & OHIO. 

Miles of main line owned 472 

" branches owned 34 

Total 506 

Capital stock (par $100) $5,320,600 

Bonded debt 16,250,000 

Interest on $7,000,000 at 6 per cent, gold, remainder at 
per cent. 



20 New York Banker & Broker Manual. 



EARNINGS. 

Miles. Gross. *Net. 

1877-78 529 $2,098,540 $376,321 

1878-79 506 1,830,620 379,468 

1879-80 506 2,284,615 824,966 

* After deducting all expenses, including extraordinary. 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Stock 29}£ 12 183,933 shares. 

Bonds— 1st new 110 95% $920,000 

1st deb 90 63 6,257,600 

2d deb 58 36 2,034,500 

3d deb 45 27 494,500 

4th deb 44 30 432,000 



MORRIS & ESSEX. 

Miles of main line owned 84 

" branches owned 34 

Total 118 

Capital stock ($50 par) $15,000,000 

Semi-annual dividends of $% percent, paid in 1880. 

Bonded debt $19,923,000 

Annual interest charge, 7 per cent 1,394,610 

EARNINGS. 

Gross. Net. 

1878 $2,710,117 $782,328 

1879 3,515,097 1,559,354 

The road is leased in perpetuity to the Delaware, Lacka- 
wanna & Western Railroad, the lessee assuming all liabilities 
and paying 7 per cent, per annum on the stock, and if the 
Morris & Essex earns io per cent, in any one year after 1874, 
it is to pay 8 per cent. 

RANGE OF PRICES 1880. 

High- 
est. 

Stock 123 

Bonds— 1st 135 

2d 117M 

construction 121^1 

7s of 1871 117^ 



Low- 


Amount 


est. 


sold. 


100 


225,550 shares. 


125 


$116,000 


112 


89,000 


99^ 


26,000 


111^ 


102,000 



New York Banker 6° Broker Manual. 2 1 
NASHVILLE, CHATTANOOGA & ST. LOUIS. 

Miles of main line owned 321 

" branches owned 27 

" proprietary lines 105 

Total 453 

Capital stock (par $25) $6,848,899 

A semi-annual dividend of 2 per cent, paid in 1880. 

Bonded debt $7,510,000 

Annual interest charge 479,200 

EARNINGS. 

Gross. Net. 

1877-78 $1,871,809 $767,995 

1878-79 1,736,723 715,135 

1879-80 2,099,155 914,407 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Stock 128 47% 1,615,004 shares. 

Bonds— 1st 121 105 S339,000 



NEW YORK CENTRAL & HUDSON RIVER. 

Miles of line owned 740 

" leased 260 

Total 1,000 

Capital stock (par $100) $89,428,300 

Quarterly dividends of 2 per cent, paid in i£8o. 

Bonded debt $39'733,933 

Annual interest charge 3,335,813 

EARNINGS. 
(Year ended September 30.) 

Gross. Net. Surplus. 

1878 $28,910,555 $8,038,445 $898,917 

1879 28,396,583 7,594,485 454,957 

1880 33,175,913 10,569,219 3,427,706 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Stock 155^ 122 1,756,393 shares. 

Bonds— 6s 1883 107 103 $328,000 

6sl8S7 W&& 107 48,000 

1st 7s coup 137 123M 648,000 

" reg 133 123*1 505,000 

H. R. 2d S. F. 7s. .113 109j| 51,000 

Harlem 1st coup. .133 123j| 120,000 

* reg.... 133 124 186,000 



22 New York Banker 6r* Broker Manual. 
NEW YORK CITY ELEVATED. 

Miles o line owned 17^ 

Capital stock, ($100 par) $6,500,000 

Quarterly dividend of 2^ per cent, paid April I, 1881. 

Bonded debt (interest 7 per cent) $8,500,000 

The road is leased to the Manhattan Company at an annual 
rental of io per cent, on the stock and interest on the bonds. 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Stock 127J4 109 56,380 shares. 

Bonds— 1st 120 110 $2,201,000 



NEW YORK & HARLEM. 

Miles of line owned 127 

" horse car line owned 5*4 

Total 132^ 

Common stock ($50 par) $7,950,000 

Preferred " ( " ) 1,500,000 

Total $9,450,000 

Paid semi-annual dividends of 4 per cent, in 1880. 

Bonded debt, 7 per cent , . .$11,109,625 

The road, excepting the horse car line, is leased to the New 
York Central & Hudson River Railroad at an annual rental of 
8 per cent, on the stock and the interest on the bonded debt 
The earnings are included in those of the latter road. An extra 
dividend is paid out of the earnings of the horse car railroa^ 

in April of each year. 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Stock 196 158 3,081 shares. 

Bonds— 1st coupon 133 123^ $120,000 

1st regis 133 134 186,000 



New York Banker 6° Broker Matiual. 



2 3 



NEW YORK, LAKE ERIE & WESTERN. 

Miles of main line owned 4.'50 

11 branches owned 101 

" road leased 442 

11 " controlled 36 

1,009 

§77,083,800 

8,156,725 



Total 

Common stock (par $100) . 
l'referrcd " (par $100). 



Total 

Bonded debt 

Annual interest charge 1880-81 . 
" 1881-82. 

" - " 1882-83. 

" " 1883-84. 



.$85,240,525 

.S70,173,744 

...$4,149,091 
.. 4,149,091 
.. 4,177,749 
.. 4,235,065 



EARNINGS. 

(Year ended September 30.) 
Gross. 

1878 $15,644,978 

1879 15,942,022 

1880 18,693,109 

RANGE OF PRICES 1880. 



Common stock 

Preferred " 

Bonds — Erie 1 st exten. . . 

" 2d " .... 

"3d " ... 

" 4th " .... 

M 5th «'.... 

" 1st con. gold 
N. Y., L. E. & W 

new 2d consol. . 
N. Y., L. E. & W 

2d con. fund 



102^ 



Low- 
est. 
30 
47 

119% 

103*2 

105 

101 

109 

115fc 

77^ 



Net. 

$5,009,114 

4,767,323 

7,049,184 



Amount 
sold. 
14,307,057 shares. 
603,274 " 
$116,000 
105,000 
153,000 
281,000 
87,500 
10,546,000 

172,451,500 

16,171,500 



NEW YORK & NEW ENGLAND. 

Miles of main line owned 208 

" branches " 57 

road leased 120 

Total 385 

Capital stock ($20,000,000 authorized) $7,146,000 

Bonded debt (mortgage $10,000,000) $6,968,000 

The company is the successor of the Boston, Hartford & 
Erie. 



24 New York Banker &> Broker Manual. 

EARNINGS. 

Gross. Net. 

1877-78 $1,006,287 $197,890 

1878-79 1,971,536 486,329 

1879-80 2,324,940 628,856 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Bonds— B., H. & E. 1st 60 35 $16,593,000 

" " guaran .43^ 40 79,000 



NEW YORK, NEW HAVEN & HARTFORD. 

Miles of main line owned 123 

" branches " 18 

" road leased 62 

Total 203 

Capital stock (par $100) $15,500,000 

Paid semi-annual dividends of 5 per cent, in 1880. 

Bonded debt :— Harlem & Portchester 1st mort. guar $2,000,000 

The company has no debt of its own, but guarantees the 
bonds of the Harlem & Portchester, which it leases. 

EARNINGS. 

Gross. Net. 

1877-78 $3,817,281 $1,648,788 

1878-79 3,912,743 1,670,862 

1879-80 4,252,814 1,653,565 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Stock 180 155 6,308 shares 



NEW YORK, ONTARIO & WESTERN. 

Miles of main line owned 249 

" branches " 95 

Total 344 

Preferred stock $2,000,000 

Common " 58,120,000 



Total $60,120,000 

The company was organized January 22, 1S80, and took the 
New York & Oswego Midland Railroad, which was sold under 
foreclosure. The bondholders and creditors of the New York 
& Oswego Midland took stock in the new company for their 
claims. 



New York Banker &> Broker Manual. 25 

EARNINGS. 

Gross. Net. 

1877-78 $560,020 $53,662 

1878-79 523,592 35,713 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Common stock 32^ 20 1,969,564 shares. 

Preferred " 85% 72^ 1,864 " 



NORTHERN PACIFIC. 

Miles of main line owned 532 

" branches " 31 

11 main line leased 135 

Own % interest in 24 

Total on which earnings are reported 722 

Miles constructed on Aprill, 1881, on Missouri & Pend d'Oreille Di- 
visions and Casselton Branch (no earnings yet reported 266 



Total miles built. 



Capital stock (par $100) 

Preferred " (8 per cent., not cumulative) $42,677,537 

Common " '49,000,000 



$91,677,537 
Bonded debt, 6 per cent, interest Dec. 31, 1880 $3,881,833 

A new consolidated mortgage for $40,000,000, 6 per cent. 

interest, was executed Jan. I, 1880. A syndicate subscribed for 

$10,000,000, with the privilege of taking $10,000,000 more 

yearly for the following three years, to complete the road, and 

has taken $20,000,000. 

EARNINGS. 

Gross. Net. 

1878-79 (10 months) $1,167,261 $455,798 

1879-80 2,230,181 709,088 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Common stock 36 20 435,152 shares. 

Preferred H 67^6 39& 759,090 " 



26 New York Banker &> Broker Manual. 
OHIO CENTRAL. 

Miles of road owned and completed 200 

When completed will be . . .226 

Capital stock (par $100) $12,000,000 

Was increased from $4, 400, 000 in December, 1880, to pur- 
chase $5,000,000 Ohio Central Coal Company's stock. 

Bonded Debt (First Mortgage 6s) $6,900,000 

Annual interest charge 414,000 

RANGE OF PRICES 1880. 



High- 


Low- 


Amount 


est. 


est. 


sold. 


Stock 28^ 


13 


124,244 shares. 


Bonds— 1st 107 


89 


$2,391,000 


Income 60% 


44 


3,395,000 


Terminal Trust. 102^ 


99^ 


131,000 



OHIO & MISSISSIPPI. 

Miles of main line owned 393 

" Springfield Division 222 

Total .615 

Common stock (par $100) $20,000,000 

Preferred " (par $100) 7 per cent., cumulative 4,030,000 

$24,030,000 

The last dividend paid on the preferred stock was on March 
, 1875. 

Bonded debt $12,750,850 

Annual interest charge. 898,440 

EARNINGS. 

Gross. Net. 

1878 .$3,136,836 $864,548 

1879 3,502,239 1,051,418 

1880 1,256,709 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Common stock 44i£ 23 2,973,569 shares. 

Preferred " 102 57^ 137,655 " 

Bonds-1 st Consol 1 22 111 $78, 000 

Sink. Fund 119 110 263,000 

2d Sink. Fund. . 122M 107^ 930,000 

1st Spring. Div..ll9j| 83 556,000 

2d Mortgage.... 122>| 116 118,000 



New York Banker <5n Broker Manual. 27 
PANAMA. 

Miles of road owned 48 

Capital stock (par $100) §7,000,000 

Paid a quarterly dividend of 4 per cent, in November, 1880. 

Bonded debt $6,969,000 

Annual interest charge 457,830 

EARNINGS. 

Net. Total Income. Surplus. 

1878 $1,227,292 $1,582,448 $239,627 

1879 1,202,144 1,651,749 210,957 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Stock 225 168 7,690 shares. 



PHILADELPHIA & READING. 

Miles of main line owned 98 

" branches " 2.33 

" road leased 495 

" " controlled 66 

Total...- 892 

Common stock (par $50) $32,726,375 

Preferred " (par $50) 1,551,800 

Total $34,278,175 

Bonded debt (railroad) $83,097,433 

Receivers' certificates 1,800,000 

Coal & Iron Company 14,767,500 

Total $99,664,933 

EARNINGS. 

Gross. Net. 

1877-78 $11,539,593 $4,419,591 

1878-79 13,106,352 4,161,763 

RANGE OF PRICES. 

High- Low- Amount 

est. est. sold. 

Stock 72% 13^ 2,402,650 shares. 

On May 24, 1880, Franklin B. Gowen, Edwin M. Lewis 
and Stephen A. Caldwell were appointed Receivers of the 
railroad and coal companies. On July I, 1880, a bill was filed 
to foreclose the general mortgage of 1874 f° r $19,686,000, 
covering 750 miles of road. 



28 New York Banker &> Broker Manual. 
PITTSBURG, FORT WAYNE & CHICAGO. 

Miles of road owned 468 

Capital stock . 

Guaranteed $19,714,285 

Special improvement, guar 6,461,500 

Total $26,175,785 

Bonded debt $13,510,000 

Annual interest charge 955,700 

The road is leased to the Pennsylvania Company at a rental 
equivalent to interest on the bonded debt, sinking fund and 7 
per cent, on the guaranteed stock, amounting to $19,714,285. 

Quarterly dividends of 1 ^ per cent, have been paid on both 
classes of stock since the lease in 1869. 

EARNINGS. 

Gross. Net. 

1878 $7,872,476; $3,529,085 

1879 8,461,563 3,729,298 

RANGE OF PRICES 1880. 

High- Low- Amount 

est est. sold. 

Stock 125 112 5,481 shares. 

Bonds-lst , 140 125 $104,500 

2d 130>£ 120M 130,000 

3d 121 118 68,000 

4th 112^ 112& 17,000 

ROME, WATERTOWN & OGDENSBURG. 

Miles of main line owned " ] 41 

" branches owned 239 

" line leased 29 

Total - 409 

Capital stock $5,293,900 

No dividend paid since 1875. 

Bonded debt $8,066,000 

Interest at 7 per cent, per annum. 

Default in interest on consolidated bonds ($5,122,000) since 
April 1, 1878. 

EARNINGS. 

Gross. Net. 

1877-78 $1,203,786 $350,747 

1878-79 1,143,288 308,648 

1879-80 1,467,894 487,738 



New York Banker 6* Broker Manual. 29 

RANGE OF PRICES 1SS0. 

High- Low- Amount 

est. est. sold. 

Stock 35 19% 15,294 shares. 

Bonds— 1st consol 81}^ 54 $7,850,000 

ST. LOUIS, ALTON & TERRE HAUTE. 

Miles of main line owned 189 

'• branches owned 19 

11 lines leased 10(5 

Total 314 

Capital stock : 

Common 82, 300,000 

Preferred, (7 per cent, cumulative) 2,468,000 



Total $4, 768,000 

A dividend of 3 per cent, was declared in January, 1 881, on 
the preferred stock. 

Bonded debt S6, 700,000 

Annual interest charge 469,000 

The main line is leased to the Indianapolis & St. Louis 
Railroad at a rental of 30 per cent, of the gross earnings up 
to $2,000,000, 25 per cent, on the next $1,000,000 and 20 per 
cent, on all over $3,000,000, but in no year is the rental to be 
less than $450,000. 

GROSS EARNINGS. 

1879. 1880. 

Mainline 81,040,023 81,417,663 

Branches 565,602 729,078 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Stock, common 42 15 10,639 shares. 

" pref 112 42^ 38,587 " 

Bonds-lst 115 111M 835,500 

2d pref 109 lOOjl 106,000 

2d income 100 89j£ 306,500 

ST. LOUIS, IRON MOUNTAIN & SOUTHERN. 

Miles of main line owned 490 

" branches owned 195 

Total 685 

Capital stock 821,291,296 

Bonded debt $30,041,657 

Aunual interest charge 2,047,799 



30 New York Banker &* Broker Manual. 

EARNINGS. 

Gross. Net. 

1878 $4,514,321 $1,945,956 

1879 5,292,611 2,300,655 

1880 6,265,097 2^89,871 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Stock 66 343^ 2,084,270 shares. 

Bonds— 1st coup 119 113 $386,000 

2d gold 110 97 3,961,000 

1st pref . inc 92^ 75 4,693,500 

2d pref. inc 99^ 67^ 11,324,000 

Ark. br. 1st guar. .112M 99^ 355,000 

C. Ark. & J. 1st g. 109 97^ 631,000 

C. & F. 1st guar. . .114^ 98 1,324,000 

ST. LOUIS & SAN FRANCISCO. 

Miles of main line owned 370 

" branches owned 227 

Total , 597 

Capital stock : 

First preferred $4,500,000 

Preferred 10,000,000 

Common 10,500,000 

$25,000,000 

Bonded debt $17,900,000 

Annual interest charge 863,964 

Under an agreement with the Atchison, Topeka & Santa Fe 
a line is being constructed from Albuquerque to San Fran- 
cisco, to cost $25,000,000, and to be known as the Atlantic & 
Pacific Railway. The issue of bonds for this purpose is to be 
divided between the two companies, and also the profits from 
operating the extension. 

EARNINGS. 

Gross. Net. 

1878 $1,201,651 $626,143 

1879 1,672,437 948,494 

1880. 2,698,370 1,534,922 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Stock— Common 48 25V 151,051 shares 

Preferred 65 33 218,974 " 

First Preferred 100 60 78,709 ' ' 

Bonds-lst Pac. Missouri.... 106U 97% $261,500 

2d Class, A 100^ 8734 556,600 

B 89% 68 932,500 

C 87 65 1,087,000 

Equipment. 1C4 \ 100 292,000 



New York Banker d>» Broker Manual 3 1 

TEXAS & PACIFIC. 

Miles of road owned ...444 

Capital stock ($50,000,000 authorized) $7,902,500 

Bonded debt $25,829,570 

Annual interest charge 1,320,470 

EARNINGS. 

Gross. Net. 

1877-78 $2,331,310 $708,138 

1878-79 2,136,143 544,916 

1879-80 2,589,220 1,045,703 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Stock 47^ 40 6,334 shares. 

Bonds-Rio Grande Division. . . .100 80^ $5,318,000 

1st 108 106 17,000 

Consol 103 90^ 200,000 

Income and L. Grant... 88^ 56 12,206,000 

Construction 85 80 249,000 



UNION PACIFIC. 

Miles of road owned (U. P.) 1,042 

" (K. P.) 677 

" (D. P) 106 

Total 1,825 

Capital stock •. $50,762,300 

A quarterly dividend of I ^ per cent, was paid on January 
I, 1881. 

Bonded debt $82,623,114 

United States Subsidy Bonds 33,539,512 

Annual interest charge 7,462,280 

This company is a consolidation of the Union Pacific, the 
Kansas Pacific and the Denver Pacific, effected January 24, 
1880. 

GROSS EARNINGS. 

1879 $20,609,61 5 

1880 25,494,106 

RANGE OF PRICES 1880. 
High- 
est. 

Stock 113M 

Bonds-U. P. 1st 118 

Land Grant 116% 

Sink. Fund 122*4 

K. P. 1st 1896 C. Cert. 125 

1st Con 105^ 

Den. Div. A. Cou. Cer..ll4 

" Assented 110 

K. P. Income No. 16.... 102 



Low- 


Amount 


est. 


sold. 


80 


2,399,093 shares. 


108* 


$4,474,000 


110 


418,000 


114% 


1,056,000 


1133^ 


308,000 


88 


10,167,000 


102 


4,267,000 


102 


3,178,000 


72% 


351,000 



32 New York Banker &* Broker Manual. 
WABASH, ST. LOUIS & PACIFIC. 

Miles of road owned " 1,915 

" " leased or partly owned 564 

Total 2,479 

Capital stock ; 

Common $23,337,600 

Preferred (7 per cent., not cumulative) 22,900,000 

$46,237,600 

Bonded debt $42,094,858 

Annual interest charge 2.657,359 

The company is a consolidation of the Wabash and the St, 
Louis, Kansas City & Northern, effected November I, 1S79. 

GROSS EARNINGS. 

1879 $9,124,139 

1880 12,428,111 

RANGE OF PRICES 1880. 

High- Low- Amount 

est. est. sold. 

Stock— Common 48 263^ 1,779,230 shares. 

Preferred 88^ 51^ 3,652,471 " 

Bonds— General Mortgage 98 95 $650,000 

1st Ex-Coupon 112 107^ 110,000 

1st St. Louis Division Ill 100 473,000 

2d Mortgage 110 95 1,321,000 

Con. Convertible 1123^ 93 1,886,000 

New ,...107M 923^ 189,000 

Gt. West. 1st Ex. Coup. 1880.112^1 106^ 223,000 

2nd 1893 1083^ 963^ 1,785,000 

Tol. &Wis. Fd. In. C. Cov... 97 80 201,000 



N E W Y O K K S T O C K EXCHANGE, 
Range of Prices in 1880. 



Railroad Stocks. 

High- 
est. 

Albany and Susquehanna 120 

Atchison, Topeka and Santa Fe 148 

Belleville and South Illinois Pref 60 

Boston and New York Air Line Pref 61% 

Burlington, Cedar Rapids and Northern H0J/6 

Canada Southern 81% 

Cedar Falls and Minneapolis 29 

Central Iowa 37 

1st Pref 77^ 

2d Pref ". 47^ 

Central of New Jersey 90*d 

Central Pacific 97^ 

Chesapeake and Ohio 25% 

1st Pref 36^| 

2d Pref 27^ 

Chicago and Alton 1 59i6 

" Pref 160 

Chicago, Burlington and Quincy 183}*j 

Chicago, Milwaukee and St. Paul 114% 

Pref 124^ 

Chicago and Northwest 130 

Pref 1463^ 

Chicago. Rock Island and Pacific 204 

New 143 

Chicago, St. Louis and New Orleans 48 

Chicago, St. Paul and Minneapolis 60k» 

Pref 100 

Chicago, St. Paul, Minn, and Omaha 51 

" Pref 101% 

Cincinnati, Ind , St. Louis and Chicago 89^ 

Cleveland, Columbus, Cincinnati and Ind 96*^ 

Cleveland and Pittsburg Guaranteed 129^1 

Columbus, Chicago and Indiana Central 25^ 

1 )anbury and Norwalk 53 

I Delaware and Hudson 92% 

Delaware, Lackawanna and Western HOW 

Denver and Rio ( irande 86J^ 

Dubuque and Sioux City 83 

Frankfort and Kokorno 36 

Hannibal and St. Joseph 50% 

Pref 105 

Harlem 200 

Houston and Texas Central 91 **» 

Illinois Central 127% 



Low- 


Amount 


est. 


sold. 


100 


7,517 


134% 


810 


60 


100 


37 


27.832 


50 


39.92S 


40 


819,601 


14 


44,901 


25 


9,062 


58 


1,256 


38 


1,100 


45 


4,743,319 


63 


242,361 


15 


328,053 


22 


53,015 


17 


44,779 


\)\)% 


105,719 


117 


1,077 


113 


350,325 


m% 


5,554,943 


99 


169,198 


87% 


3,351,898 


104 


221,154 


149 > 
lOO^J 


218,770 


22 


156,718 


44% 


110,628 


100 


144 


36 


410,287 


69 


316,190 


75 


2,242 


61 


266,392 


10fi% 


38,288 


J* 


674,525 


50 


112 


60 


1,012,069 


m/i 


8,308,704 


61^ 


402,383 


60 


3,578 


20 


700 


22% 
68fc 


1,341,980 


1,043,237 


158 


3,081 


49% 


254,705 


99*2 


322,134 



34 



New York Banker e>- Broker Manual 



Indiana, Bloomington and Western o2 

Indiana, Cincinnati and Lafayette 8 

' ----- w. : . : ~ - Great Nuttliern KM 

: 

Keokuk and Des Moines. . . . w*^ 

" '• Pref - 

Lake Erie and Western . . ^SH 

; ?.igan Southern .V s 

Long Island « 

Louisville and Nashville . . . lj» 

e Nj Alrar.y and Lhicago M» 

- P'^3 

Aztan Beach JJ 

1^, 

2d Pref 12^ 

reston. ... ^ 

; lit an Elevated J*^, 

- r-:ral SS 

Missouri. Kansas and Texas *^H 

MobUe and Ohio • • - g3i 

: Esses • ^r^ 

Nashville, Chattanooga and >t. Louis lgT 

New York Central and Hudson River Id-^s 

New York Elevated 

New York, Lake Erie and Western - Wk 

Pref 9o3a 

New York. New Haven and Hartford 180 

New York, Ontario and ^ es tcm p_-v |g! 

Northern Pacific §§L 

Pref 

Ohio Central . . 

Ohio and Mississippi . . . . ** ^ 

?** i>g 

Panama : 5im<* 

Decatur and Evansville £>J2 

Philadelphia and Reading £-*S 

Pittsburg. Fort Warae and Chicago ™ 

He and Buffalo g> 

■tnga ------ L .V- 

b Watertown and Ogdensburg &o 

.-. on and Terre Haute « 

«* Pref llf 

St. Louis, Ir «■ 1 Southern 66 

St. Louis and San Francisco ™ 

«• Pref 

1st Pref 100 

St. Paul and Duluth 

" Pref 

St. Pa_ :oba JL 

St. Paul and Sioux City ■§ j 

*"* 

-ton ±~z& 

Texas and Pacific 

Trust Certificates ** 

Pacific x ^i 

United Companies of New Jersey 

Wabash. St. Louis and Pacific » 

Warren: l e .- - ^r^'^ 



5.42- 

340. 202 

109.073 
9,912 

145.T12 
1.41-2.100 

1,61£ 
1,751 

14,303 

1,9€ 
435,158 

124.244 



>. 402. 050 



New York Banker cv Broker Manual. 



Telegraph Stocks. 

High- Low- A H - ■ I 

est. est. nU 

American District 50 

American Union . . 57^ 

Atlantic and Pacific 53^ 9B 

Western Union 116^ 

Express Companies. 

High- \jom- Amount 

est . est . nld 

Adams 122 106U 

American 66^£ 54 

United States 55 

Wells, Fargo & Co US 100 14.717 



Coal Companies. 



High- Low- 
est, est. 

ican .55 55 

ido Coal and Iron 4, VS% 

idation 39g 

imberland Coal and Iron 23 

imberland and Elk Lick 45** 

.land 27 16 " 

ik 85 31 

Nfjr Central 20 

N%r York and Straitsville 107 105 

PeMis-'vania BE 190 



A—.: -". 
sold. 
50 






Mining Companies. 



EGgfc- 

est. 
AmieCon 

CariboB Con 6 

Centra Arizona 21J4 




Preferred 3 

Ontario 3&K 

Quicksih er 

Preferred 7^| 

Silver Cliff 

Standard 34 

Stormon: 4*< 

Sutro Tunnel per share 4$4 



Low- 
est. 

i H 

26 

30 

9 

45 

2* 



A—.: ■■! 
nld 
1.050 
32.555 

334.242 



36 New York Banker 6- Broker Manual 



Miscellaneous Stocks. 

High- 
est. 

Boston Land - 1§ 

Boston Water Power £» 

Canton °g 

Central of New Jersey Land and Imp. 4xj 

Jerome Park £^ 

Manhattan Gas j™ 

New York Gas 3 %* 

New York and Texas Land o\} 

Oregon Railway and Navigation L|7 

Pacific Mail ™* 

Pullman Palace Car 14b 



Low- 


Amount 


est. 


sold. 


9U 


2,805 


63^ 


34,415 


40 


8,000 


37 


737 


S5 


1,991 


179^ 


200 


104 


200 


25 


300 


102 


72,018 


273^ 


3,878,526 


107H 


17,341 



Railroad Bonds. 

High- 
est. 

Baltimore & Ohio 1st, P. Br 113 

Boston, Hartford & Erie 1st j>U 

" " guar 0^/4 

Burlington, Cedar Rapids & Northern 1st 100% 

Min &St. L. 1st 110 

1st Iowa Ext |Uo 

Iowa C. & W. 1st 110 

Central Iowa 1st ^y 

Coupon debt certificates »£ 

Central of N. J. 1st |1« 

Consol. assented j j° 

Conv. assented }}§ 

Adjustment L f£* 

Income -mot/ 

L. &\V. B. con. gu }£*$ 

Con. assented 1<^ 

Income -,£r? 

American Dock and Improvement ig 

Assented ■ ■ ■ • qoi/ 

Ches. & Ohio, Series B, mt., d o&k 

Currency, int. def gi 

Chicago & Alton 1st \f° 

Income 1°2^ 

Sinking Fund {/:*> 

Joliet & Chicago 1st }v®6 

Lou. & Mo. River 1st • .JJ5 

h " 2d 108% 

St. L., Jack. & Chicago 1st 1J5& 

Chi., Bur. & Quincy 1st 11} 

Consol 131H 

Sinking Fund .••••••••: i n^i/ 

Chi. & E. 111. 1st Sinking Fund cur 10o±6 

Income - • • 1 X? 

Chi., Mil. & St. P. 1st Ig2 

2(j - 1 ^ D 

1st gold .".■'.'.*.'.'."..''.* J28 

La Crosse div xaD 



Low- 
est. 
108^ 

35 

40 

88% 
100 
102 
110 

94 

65 
115V6 

90 

96 

98 

723^ 
112« 

*m 

58 
105M 
1043^ 

w 

116 

1033^ 

106 

105 

110 

100 

111% 

108^ 

11SM 

100 

96U 

90 
125 

iip 

1H« 



Amount 

sold. 

37,000 

6,593,000 

79,000 

4,134,300 

6.000 

60,000 

2,000 

324,000 

74.000 

257,000 

3.874,000 

1,254,000 

S47.000 

2,414,000 

11,000 

6,588,000 

541,000 

182,000 

421,000 

9,374.000 

9,119.500 

57,000 

49,000 

21,000 

18,000 

60,000 

20,000 

14,000 

377,000 

878,000 

11,000 

68,000 

94,000 

70,000 

36,000 

318,000 

383,000 



New York Banker &* Broker Manual. 37 



I. and M. Div 127 

I. and D. Div 124 

H. and D. Div 120 

C. and M. Div 125 

Consol. Sinking Fund 127 

2d 106 

1st, I. and D. Extension 123^< 

1st, S. W. Div llO 1 ^ 

La C. and Dav. Div 102*1 

South Minn. Div Ill 

Chi. and Pac Div 109"' ■ 

Chicago and Northwest Sinking Fund 11 2 X < 

Interest 109 

Consol 135^ 

Extension 109 

1st 112 

GokJ, coup 130 

Gold, reg 127 

Sinking Fund, coup Ill 

reg 108 

Iowa Mid. 1st 122 

Galena and Chicago Exten 105 

Peninsula, 1st conv 126 

Chicago and Mil waukee 1 st 1 22J4 

Winona and St. Paul 1st Ill 

2d 115 

Chicago, Rock Island and Pacific coup 1 . , 

Registered 1 '£%£ 

Keo. and Des M. 1st 103 

C St. L. and N. O. 1st con 114 

2d income 85 

Cm St. P. M. and O. cons 106% 

Chicago, St. P. and M. 1st 109% 

Land Grant Income 121 

No. Wisconsin 1st 106% 

St. Paul and Sioux City 1st 110% 

Cm I m St. L. and Chicago con 106 

Cin. and S. 1st, C, C. C. and 1 116 

1st, Lake Shore 11 5 

Cleve., Col., Cin. and Indianapolis 1st 127 

Consol . guar 120 

Delaware and Hudson 1st, 1884 108*g 

1st 1891 115 

1st Extended 106 

Coupon 1894 117% 

Registered 1894 11734 

Pennsylvania Division Coup 122 

do. do. Reg 120 

Albany and Susquehanna 1st j 17 

do. do. 2d Ill 

1st Consol. guar 125J4 

Rens . and Saratoga 1st coup 140 

1st Registered 137% 

Del., Lack, and Western 2d 104% 

Convertible 114J4 

1907 125 

Syracuse, Binghamton and N. Y. 1st 120 

Morris and Essex 1st 135 

2d 117% 

1900 104% 



111 


159,000 


109 


98,000 


107^ 


973,000 


113 


326,000 


107% 


3,124.000 


104% 


16,000 


107^ 


902.000 


100 


119,000 


89% 


502,000 


100 


1.7*2.000 


106% 


55.000 


107 


644,000 


104 


29.000 


121 


585,000 


109 


12.000 


106 


149,000 


115 


1,45*, 000 


115 


374,000 


106? 
107J 


5,000 


120 


15,000 


103 


62,000 


120 


6.000 


114 


17,000 


108 


170,0^ 


112 


36,00C 


113% 


313,0uu 


116 


239,000 


94 


196,000 


105 


24,000 


70 


46,000 


98 


1,252,000 


101*4 


356,500 


93 


337,000 


91 


21,000 


96% 


2,259,000 


94% 


8,000 


103 


136,000 


107^ 


64,000 


117 


38,000 


107 


3S7.000 


10234 


141,000 


105/ 
106 \ 


279,000 


107 


174,000 


107% 
110*2 


113,000 


467,000 


111 


114.000 


112% 


43,000 


107^ 


145.000 


107^ 


490,000 


124 


47,000 


125 


16.000 


100% 


56,000 


114^ I 
110*6 


71,000 


113 


195,000 


125 


116.000 


112 


89,000 


103 


7,000 



38 New York Banker &* Broker Manual. 

Construction 109 99^ 

1871 117^ 107^ 

1st Consol. guar 125j| 107 

Denver and Rio Grande 1st 116 96 

1st Consol : 116% 90% 

Denver, South Park and P. 1st Ill 104% 

East Tennessee, Virginia and Georgia 1st 1153^ 104 

Erie, 1st Extended 128 119% 

2d 109^ 103^ 

3d 1093^ 105 

4th 107% 101 

5th 112% 109 

1st consol. gold 1303^ 115^ 

Long Dock 122 113 

Buffalo, New York and Erie 1st 126 115^ 

N. Y., Lake Erie and Western new 2d cons. 102% 77^ 

1st consol . funded coup 1243^ H93>£ 

2d consol . funded coup 98 71 

Income 91 67 

Erie and Pitts, consol 105% 100 

Frank, and Kokomo 103% 90 

Galena, H. and H. gold 69 67 

Galena, H. and San A. 1st 103 100 

Hannibal and St. Joseph conv 112^ 106 

Houston and Texas Central 1st, main line 1133^ 106^ 

1st Western Div 113 105 

2d con., main line 119 105 

Income and indemnity 99 93 

111. Central Dub. & S. C, Cedar F. & M. 1st. .113 101 

Ind., Bloom. & Western 1st pref 123 113 

1st 80 69 

2d 70% 58 

Income 72 42 

Ind. Dec. & Sp. 1st..... ...105^ 96 

2d 76 60 

International and Great Northern 1st 107 97 

Houston and Great Northern 1st, P. R 1063^ 933^ 

2d purchasing receipts 513^ 25 

Int . 2d purchasing receipts 52 25 

2d income 91 65 

Lafayette, Bloomington and Muncie 1st 106 91% 

Income 74% 61 

Lake Erie and Western 1st 107% 93^ 

Income 73 53 

Lake Shore and Michigan Southern— 

M. S. and N. J. Sinking Fund 112 1073^ 

Cleveland and Toledo Sinking Fund 112 108 

New 118 107 

Cleveland, Plains, and Ash 118 11334 

Buffalo and Erie New 123 116^ 

Buffalo and State Line : .1083^ 102% 

Kalamazoo and White Pigeon 1st 113 113 

Detroit, M. and Toledo 1st 121^ 1153^ 

Lake Shore dividend 123 116 

Consol. coup. 1st 133 119 

Consol. reg. 1st 128 118% 

Consol. coup. 2d 125 114*1 

Consol. reg. 2d 123 115 

Long Island 1st 110^ 107 

Louisville and Nashville con 121 113 



New York Banker 6° Broker Manual. 39 

2d gold : 106 103 181,000 

Cecilian Branch 110^ 105 10,000 

Nashville and Decatur 1st 115 106^ 79,000 

N . O . and Mobile Division gd 105}^ 101^ 134,000 

General Mortgage 105^ 101^ 587,000 

Manhattan Beach 1st 110 105 6,000 

Marietta and Cincinnati 1st 115 105^ 62,000 

Metropolitan Elevated 1st 107 98^ 9,827,000 

2d 95 91^ 113,000 

Michigan Central consol 129 116% 493,000 

1st Sinking Fund 115 106 212,000 

Missouri, Kansas and Texas con. assented 117^ 92J4 20,458.000 

2d income 79 47^ 59,092,000 

Hannibal and Central Missouri 1st Ill 108^ 33,000 

Mobile and Ohio new 110 95% 920,000 

1st pref. debenture 90 62 6,257,000 

2d pref. debenture 58 36 2,034,500 

3d pref. debenture 45 

4th pref. debenture 44 

Nashville, Chattanooga and St. Louis 1st 121 

Nevada Central 1st 100 

N. Y. Central, 1883 107 

1887 112^ 

Real Estate 106 

N. Y. Central and Hudson 1st coupon 137 

1st registered 135 

Hudson River 2d, Sinking Fund 113 

Canada Southern 1st gu.ir 104^ 

Harlem 1st, coupon 134 

1st registered 133 

N. Y. Elevated 1st 120 

N. Y. and Texas Land Scrip 27 

Ohio Central 1st 107 

Income 60% 

1st, ter. trust 102% 

Ohio and Mississippi Sinking Fund 122 

Consol 120 

2d Consol 122^ 

1st, Springfield Division 11934 

Oregon River and Navigation 1st 109 

Pacific Railroads — 

Central Pacific Gold 118 

San Joaquin Branch 109 

Cal. and Oregon 106^ 

State Aid 105^ 

Land Grant 106% 

Western Pacific 114 

Missouri Pacific Consol 105 

Pacific of Missouri 1st Ill 

2d 117^ 

St . Louis and San Francisco 2d, Class A 100 

Class B 89% 

Class C 87 

Equipment 104% 

South Pacific of Missouri 1st 106% 

South Pacific of California 1st 103% 

Texas and Pacific 1st 108 

Consol 102 

Land Grant, registered 90 

Rio Grande Division 100 



28 


494,500 


30 


432,000 


105 


339,000 


97^ 


26,000 


103 


328,000 


107 


48,000 


102^ 


3,000 


123U 


648,000 


124 


505,000 


109^ 


51,000 


88 


7,844,000 


123^ 


120,000 


124J^ 


186,000 


108^ 


2,201,000 


20 


100,500 


88^ 


2,391,000 


44 


3,395,000 


99^ 


131,000 


110 


263,000 


111 


78,000 


107^ 


930,000 


69 


556,000 


89% 


2,839,000 


108*4 


1,207,000 


101% 


203,000 


100 


163,000 


105 


28,000 


102% 


142,000 


103^ 


235,000 


105 


40,000 


104% 


921,000 


106 


99,000 


§Z* 


556,000 


68 


932,000 


65 


1,087,000 


100 


293,000 


100 


100,500 


96 


1,974,000 


103 


17,000 


89 


200,000 


56 


12,206,000 


80 


5,318,000 



4o New York Banker 6- Broker Manual 



Union Pacific 1st . 



118 

Land Grant }}$H ■ 

Sinking Fund \ii& 

Registered ^»& 

Col. Trust 1U ^ 

Kansas Pacific — 

1st coupon certificates, F. and A i£U 

coupon certificates, J . and D 14o 

Leavenworth Branch 1*" 

Income No. 16 - •• •• ■}}{$ 

Denver Division assented, coupon certif . . -|lg| 

Denver Division, ex-coupon in-i/ 

1st consolidated iua ^ 

Pennsylvania.— 1 . n 

Pittsburg, Fort Wayne and Chicago 1st 140 

ll::::::::::::::::::::::::::::::::-.".".V-'-'.il?^ 

Cleveland and Pittsburg consol. S . F 121^ 

4 t h llrf 

Col., ChL and Ind. Central 1st consol 110 

2d &£ 

1st,' Trust Certificates, assented 106^ 

1st, Supplementary «n 

Income • • • *™L 

Peoria, Decatur and Evansville 1st lUf 

Income £5 

Income, Ev . Division . • <" 

Rome, Watertown and Ogdensburg consol Sl>§ 

St . Louis, Alton and Terre Haute 1st llo 

2d preferred jjjj* 

2d income ^uu 

Belleville and South. Illinois 1st j^U 

St . Louis and Iron Mountain 1st 11 w 

9^ 11" 

Arkansas" Branch ]W4 

Cairo and Fulton 1st lig 

Cairo, Arkansas and Texas 1W 

1st pref . income, interest ac J&>» 

2d pref . income, interest ac . • • - • ■ 94 

St Louis, Yicksburg and Terre Haute 1st gd. -.120 

St: P., Min. andM. 1st IJ-JM 

2d lU-^ 

South' Side (L. I . j 1st 104 

Texas and St. Louis -- • • •• • • • • ■•■ • «*>/& 

Tol., Peoria and Warsaw, P. C. R. 1st, E. D..135 

Pur. Com. Receipts 1st, West. Div. 142% 

Wabash, St. Louis and Pacific, Gen. Mort 98 

Wabash 1879 1°]& 

Toledo and Warsaw 1st exten 1 14 

St. Louis Division •" 1 1 A 

2d Extended A J" 

Equipment tou: 

Consol. convertible 1 1 ™/ 

Great Western 1st \\*p 

2d i uy 

Quincy "andToiedo 1st 108 

Illinois and South. Iowa 1st. i" J 

W T abash Funded Interest— _ 

Decatur and East St. Louis »» 

Quincy and Toledo yo 



108^ 


4,474,000 


110 


418,000 


ii m 

115M 


1,056,000 


2,000 


102 


53,000 


117 


47,000 


mu 


308,000 


100 


12,000 


72M 


351,000 


102 


4,267,000 


95^ 


3,178,000 


88 


10,167,000 


125 


104,500 


122^ 


130,000 


nm 


68,000 


118 


267,000 


108 


17,000 


79^ 


2,468,000 


52 


1,000 


78 > 

78 S 


14,282,000 


29 


9,481,000 


92 


748,000 


50 


785,000 


66 


65,000 


54 


7,850,000 


111 


35,500 


100^ 


106,000 


89M 


306,500 


115 


2,000 


113 


386,000 


97 


3,961,000 


993^ 


355,000 


101 


1,324,000 


97^ 


631,000 


75 


4,693,000 


65K 


11,324,000 


113 


18,000 


106^ 


109,000 


95 


66,000 


104 


6,000 


92% 


341,000 


123 


67,000 


123 


48,000 


95 


650,000 


91 


34,000 


107^ 


110,000 


100 


473,000 


95 


1,321,000 


35 


35,000 


93 


1,886,000 


106^ 


223,000 


96^ 
102^ 


1,785,000 
31,000 


100 


68,500 


86 


2,000 


95 


3,500 



New York Ba?iker 6° Broker Manual. 41 



Toledo and Wabash 2d 98 

Wabash and Warsaw 2d 96M 

Great Western 2d 96$f 

Consol. convertible 97 

St. L., Kan. City and North. Real Estate. ..113 

Omaha Division 120 

St. Charles Bridge 110 

Clarinda Branch 102^ 

North Missouri 1 st 123 

Western Union Telegraph coupon 120 

Registered 117^ 



83 


is, ooo 


96 


201,000 


85 


48,500 


80 


21,000 


105 


602,000 


106% 


692,000 


103 


352,000 


90 


93,000 


112 


300,000 


113 


61,000 


113 


33,000 



NEW YORK STOCK EXCHANGE. 

Deliveries of stock may be made either by transfer or by certificates assigned 
in blank. 

Stocks are bought and sold either "cash," "regular way" or on "options," 
not longer than 60 days. 

In "cash" sales the stock is deliverable on the day the sale is made. In 
"regular way" the stock is deliverable on the following day. A seller's option 
permits the seller to deliver the stock at any time before the maturing of the con- 
tract ; and a buyer's option permits the buyer to demand the stock at any time 
within the time limited. 

In options over three days six per cent, interest is charged to the buyer, and 
one day's notice is required to terminate the option. 

Powers of attorney, or substitution, signed by trustees, guardians, infants, 
executors, administrators or attorneys are not a good delivery. 

When transfer books are closed powers of attorney must be acknowledged be- 
fore a notary public. A detached power of attorney or of substitution must be 
similarly acknowledged. 

Certificates of stock in the name of a person not a member of the Exchange 
must be witnessed or guaranteed by a member. 

Certificates in the name of an institution, or an officer thereof, must have the 
assignment or power acknowledged before a notary. 

Certificates in the name of a deceased member, or of a firm no longer existing, 
are a good delivery only while the transfer books are closed. 

Whenever a definite name is written upon a bond it is regarded as implying 
ownership, and must be released and acknowledged before a notary. 

A deliver of coupon bonds must be in denominations of $1,000, or $500 ; of 
registered bonds in sums not exceeding $10,000. 

All deliveries of stocks must be made before 2.15 P. M., in default of which the 
buyer can notify the Vice-President of the Exchange, who will buy in the stock. 
Similarly, buyers of stock must be prepared to receive, or have the stock sold out 
for their account. 

Before a security can be dealt in it must have been examined and passed on by 
the Committee on Securities. 



42 New York Banker &> Broker Manual. 

Applications to list a stock must be accompanied by a statement of the assets 
and liabilities of the company, the names of the officers and directors, and the 
amount of stock or bonds. 

All certificates of stock must be printed from plates engraved on steel. 

Every company whose stock is listed must have an office in New York City for 
the transfer and register of its stock. 

"PUT." 

New York, 18 

For Value Received, the Bearer may DELIVER ME 

Shares of the Stock o f the 

Company, 

at per cent., any time 

in days from date. 

The undersigned is entitled to all dividends or extra dividends declared during 
the time. 

Expires 18 

M. 

"CALL." 

New York, 18 

For Value Received, the Bearer may CALL ON ME 

for Shares of the Stock of the 

Company, 

at per cent., at any time 

in days from date. 

The bearer is entitled to all dividends or extra 'dividends declared during the 
time. 

Expires 18 

M. 

"STRADDLE." 

New York, 18 

For Value Received, the bearer may CALL on the 
undersigned for Shares of the 

at per cent., any time in 

days from date. 

OR, THE BEARER MAY, at his option, DELIVER the same to the 
undersigned at per cent., any time within the period named. 

ALL DIVIDENDS OR EXTRA DIVIDENDS declared during the time 
are to go with the stock in either case, and this instrument is to be surrendered 
upon the stock being either called or delivered. 
Expires 



NEW YORK MINING STOCK EXCHANGE. 

The only contracts and sales allowed are cash and regular bids and offers, and 
buyer's and seller's option not exceeding 60 days. 

Contracts over three days bear interest at 6 per cent, per annum, except when 
made free of interest, or "flat." 



New York Banker 6° Broker Manual. 43 

Deliveries must be made before 2.15 P. M. If not so made, after notice to 
the defaulting party, the contract may be closed under the rule. Such notice must 
be given not later than 2.30 P. M., or the contract will continue without interest until 
the following day. 

When the transfer books are closed, deliveries may be made by power and 
certificates in lots of not over 100 shares. 

When more than one transfer a day is allowed on the same stock, deliveries 
shall be made either by transfer or by power and certificate. When only one is 
allowed, the deliveries must be by power and certificate only, in lots of over 100 
shares. 

Powers of Attorney, or substitution, signed by trustees, guardians, executors, 
administrators or attorneys shall not be a good delivery. 

Corporations whose stock is dealt in at the Exchange are required to give 30 
days' notice, in writing, prior to any increase in their capital stock, or the creation 
of any mortgage or deed on their property ; and no increased stock shall be a good 
delivery upon contracts made previous to such notice. 

On the day of closing the transfer books of any stock for a dividend, transac- 
tions in that stock for cash shall be "dividend on " up to the time designated for 
closing the books. All other transactions will be " dividend off " after 2.15 P. M., 
or after the closing of the books, should they close before that hour. 

When a dividend is declared on a security during the pendency of a contract, 
the buyer is entitled to the dividend. 



AMERICAN MINING STOCK EXCHANGE. 

The rules of this Exchange are the same as those at the New York Mining Stock 
Exchange, excepting such changes as are here noted. 

Deliveries must be made to the Clearing House of the Mining Trust Company 
before 1 o'clock P. M. In case of failure 15 minutes after that time, the contract 
may be closed under the rule by giving notice in writing delivered at the office of 
the defaulting broker not later than 1.30 o'clock P. M. 

In all sales of stocks the buyer shall pay any assessment levied and not de- 
linquent at the time of sale, provided that the levying of the assessment has been 
previously announced in open Exchange ; but no assessment, whether payable in~ 
stanter or otherwise, shall be considered delinquent until thirty days from the day 
on which it was levied. 

On all time sales of stock after an assessment becomes delinquent and is 
thereafter rescinded, the buyer may ^deduct the amount of the assessment from 
the contract price of the stock. 



44 New York Banker 6° Broker Manual. 

MINING STOCKS. 
Prices at the New York and American Mining Exchanges in 

1880. 



High- Low- 
est, est. 

Alice 7.00 5.88 

Alta 5.25 2.20 

Alta Montana 1.30 .98 

American Flag 63 .20 

Amie 2.40 .36 

Argenta 55 .13 

Atlantic Copper 29.00 19.00 

Bassic 13.88 7.38 

Bechtel 2.50 .80 

Belcher 10.63 1.85 

Belle Isle 1.80 .35 

Belvidere 4.25 1.00 

Best & Belcher 13.50 800 

Bodie 11.50 3.00 

Bonanza Chief 35 .18 

Boston Con 3.00 .63 

Boulder Con 95 .30 

Buckeye 63 .12 

Bull Domingo 8.13 4.00 

Bullion 2.50 1.30 

Bulwer 12.50 1.00 

Calaveras 2.25 .20 

Caledonia 4.00 1.85 

California 4.65 1.50 

Caribou 6.00 1.25 

Central Arizona 18.50 4.13 

Cherokee 2.00 1.45 

Chrysolite 23 .00 3. 50 

Climax 3.63 .34 

Con. Imperial 98 .09 

Con. Pacific 5.25 .60 

Con. Virginia 5.13 2.05 

Copper Knob 85 .05 

Crown Point 4.00 .77 

Dahlonega 22 .07 

Deadwood 25.00 11.50 

Dunderberg 1.85 .50 

Dunkin 1.60 1.50 

Durango 65 .10 

Eureka Con 22.00 13.75 

Excelsior 25.50 6.00 

Exchequer 1.50 1.50 

Father De Smet 9.00 5.00 

Findlev 68 .15 

Gold Placer 1.90 .25 

Gold Stripe 2.70 2.05 

Goodshaw 3.20 .16 

Grand Prize 2.00 .70 

Granville 48 .05 

Great Eastern 74 .20 

Green Mountain 5 . 00 2 . 05 

Hale & Norcross 5.00 2.00 

Homestake 38.00 27.00 

Horn Silver 18.50 10.00 

Hukill 5.13 1.10 

Independence 1.50 .15 



High- Low- 
est, est. 

Iron Silver 5.13 2.65 

Julia 3.00 1.50 

Kings Mountain ...... 1 . 00 .53 

Kossuth .28 .13 

La Crosse 59 .12 

La Plata 9.00 4.00 

Leadville 4.60 .25 

Leeds 55 .05 

Leopard 10 .09 

Leviathan 45 .04 

Little Chief 11.50 .61 

Little Pittsburg 30 . 13 1 . 75 

Lucerne 22 .10 

Mariposa 4.00 .10 

Mariposa Preferred. . . 5.00 .30 

Martin White 1.40 .30 

May Belle 53 .10 

Mexican 15.00 6.00 

Mono 8.50 .60 

Moose 3.05 .25 

Navajo 1.10 .20 

N. Y. & Colorado 2.30 1.25 

North Belle Isle 55 .31 

Northern Belle 9.50 .35 

North Standard 2.15 .30 

Ontario 39.25 30.00 

Ophir 10.50 6.50 

Original Keystone .... 1 . 30 .10 

Piumas 2.70 1.00 

Quicksilver 24.13 9.50 

Quicksilver Preferred . 78 . 00 45 . 00 

Rappahannock 45 .10 

Raymond & Ely 75 .20 

Red Elephant 95 .30 

Rising Sun 2.00 1.65 

Robinson Con 10.13 8.50 

Savage 3.50 2.00 

Shamrock 1.30 .80 

Sierra Nevada 27.00 7.00 

Silver Cliff 6.25 1.85 

Silver Islet 54.75 36.88 

Silver King 14.38 4.50 

Silver Nugget 2.05 .09 

South Bodie 86 .02 

South Bulwer 2.60 .07 

South Noonday 1.70 1.70 

Spring Valley 5.25 2.60 

Standard 38.88 20.00 

Sutro Tunnel 4.13 .70 

Tioga 3.50 .38 

Tip Top 6.50 1.75 

Tuscarora 44 .08 

Unadilla 19 .09 

Union Con 49.00 8.00 

Willshire 97 .82 



New York Banker &> Broker Manual. 45 
NEW YORK PRODUCE EXCHANGE. 

MESS l'ORK- Notice in writing must be given three days before delivery, 
and must be for 250 bbls. Warehouse receipts must be delivered to the first re- 
ceiver before 11 A. M., and may be transferred until 2:30 P. M. Notice must be 
given to the last receiver before 4 P. M. of the same day, except on Saturdays, 
between June 1 and September 30, when transfers shall cease at 2 P. M. 

LARD.— Deliveries must be made in lots of 250 tierces, the standard net 
weight of a tierce being 320 lbs. On contracts, 3 days' written notice, exclusive of 
Sundays and legal holidays, must be given. A "transferable order" must be 
issued to the first receiver before 12 M. of the day the notice is given, which must 
be endorsed t>y him, and may be transferred until 12 M. of the next business day 
after its issue. It must be presented by the last receiver to the drawer before 1 P. 
M. of that day, and the drawer must deliver to the last receiver sampling lots be- 
fore 3 P. M. 

GRAIN. — Deliveries on contracts for 8,000 bushels or over shall be made in 
lots of 8,000 bushels, and on contracts for 10,000 bushels or over in lots of 10,000 
bushels. On deliveries on time contracts the seller must issue a transferable order, 
drawn on himself, before 12:30 P. M., and such order may be passed to subsequent 
buyers up to 2:30 P. M., except upon the day of maturity of contract, when the 
notice shall be good delivery only up to 1:30 P. M., provided that no one shall hold 
it over 15 minutes. The transferable order must be presented by the last receiver 
to the drawer before 4 P. M. of the day issued, and the drawer must, on presenta- 
tion, deliver to the last receiver a specific order for the grain named. 

BUTTER.— All natural products of the dairy shall be known as " Butter," all 
others not the exclusive product of the dairy as " Imitation Butter." When but- 
ter is sold "to arrive," it must be accepted or rejected within 24 hours after 
notice of arrival, between November 1 and April, and within six business hours 
after, between May 1 and October 1. Butter sold " as are " must be taken with 
all faults. Members may make such special contracts as they may desire. 

NAVAL STORES. — Contracts for future delivery, other than sales "to 
arrive," or for specific dates, shall be understood to require five days' notice 
for delivery, but in the absence of such notice a tender of the goods must be made 
between 10 A. M. and 3 P. M. of the last day specified in the contract. In trans- 
actions where quantity is not specified, not less than 25 barrels spirits turpentine, 
or 100 barrels rosin or tar, shall constitute a good delivery. 

PETROLEUM. — On option contracts, when not otherwise stipulated, ten days* 
notice shall be given, five of which shall be within the delivery time specified. 
When the term "flat" is used, no notice will be required. Deliveries must be 
made before 5 P. M., and original deliveries from warehouse or refinery before 4 
P. M. Delivery orders may be transferred, provided the receiver does not hold the 
order more than 15 minutes. All settlements of contracts for Refined Petroleum 
and Naphtha shall be on the basis of 50 gallons in barrels, and of 45 gallons in bulk, 
and for Crude Petroleum on the basis of 48 gallons in barrels, and 42 gallons in 
bulk, 



46 



New York Banker <5n Broker Manual, 



GRAIN CONTRACT. 

New York, 18 

In consideration of one dollar in hand paid, the receipt of which is hereby 

acknowledged have this day Sold to (or Bought from) , 

bushels of New York Inspection, at cents 

per bushel deliverable at seller's (or buyer's) option 18 

This contract is made in view of, and in all respects subject to the By-Laws 
and Rules established by the New York Produce Exchange, in force at this date. 



TRANSFERABLE ORDER. 

New York, 18 

M 

Deliver to the order of M on Contract Sale 

to dated 18 at. cents per bushel 

bushels which is to be received by the last 

endorser hereon, who must pay for the same at the rate of cents 

per bushel, cash, except as provided in Rule 19 of the Grain Rules. 



New York, 18 

In consideration of one dollar paid by the drawer of the above order to each 
receiver thereof, the receipt of which is hereby acknowledged, we will, before 4 P. 
M. this day, present the said order to the party issuing the same, and receive 

therefor a specific order, and pay for the grain delivered thereon at the rate of 

cents per bushel. 

It is further agreed that each receiver of this order shall continue his or their 
liability to each other for the fulfilment of the contracts referred to, until the above 
grain is delivered and paid for. 

Received M. 

New York, 18 

accept the above Order from M 

with all the conditions and obligations thereof, on account of Contract purchase 

from dated 18 at cents 

per bushel paying. .Dollars, to make the price 

equal to cents per bushel, which is the price to be paid to the party issuing 

the order. 

Received M. 

LARD CONTRACT. 

New York, 18 

In consideration of one dollar in hand paid, the receipt of which is hereby ac- 
knowledged, we have this day sold to (or bought from) 

Two hundred and fifty tierces Prime Lard, at cents per lb., deliverable 

at seller's (or buyer's) option 

This contract is made in view of, and in all respects subject to the By-Laws 
and Rules established by the New York Produce Exchange, in force at this date. 

TRANSFERABLE ORDER. 

New York, , 18 

Messrs. A. B. & Co. : 

On the 18. . . .deliver to the order of C. D. & Co., 

in fulfillment of our contract sale to dated 

18 . . .at cents per pound, Two hundred and fifty tierces of Lard, which is 

to be received by the last endorser hereon, who must pay us for the same at the 
rate of cents per pound. (Signed) A. B. & Co. 



New York £ anker &° Broker Manual. 47 

FORM OF ENDORSEMENT. 

In consideration of one dollar paid to each receiver of the within order by A. B. 
& Co., the receipt of which is hereby acknowledged, we will, before 1 P. M. on the 

18 present the within Order to A. B. & Co., and receive 

from them specific sampling orders, and will receive and pay A. B. & Co. for the 
Lard delivered thereon at the rate of cents per pound. 

It is further agreed that each receiver of this Order shall continue his or their 
liability to each other for the fulfillment of the contracts referred to, until the Lard 
is delivered and paid for. (Signed) C. D. & Co. 

New York, 18. . . . 

FORM OF TRANSFER. 

We accept the within Order from C. D. & Co., with all the conditions and 

obligations thereof, on account of contract purchase from them dated 

18 at cents per pound, paying dollars to make the price 

equal to cents per pound, the price to be paid to A. B. & Co. 

(Signed) E. F. & Co. 

New York, 18.... 



NEW YORK COTTON EXCHANGE. 

Contracts for the future delivery of cotton are made for 45,000 pounds or 100 
square bales each, deliverable in lots of not less than 50 bales, within the time 
prescribed in the contract, upon five days' notice to the buyer. 

Notice of delivery must be given to the buyer before 10 A. M. of the fifth day 
prior to the delivery. The party receiving the notice may transfer it to a subse- 
quent party, and it may be given from one transferee to another. Each transfer 
must be made within 20 minutes, and every person receiving the notice shall en- 
dorse upon it the time he receives it. 

All notices must be for 45,000 or 22,500 pounds. 

Any member to whom cotton is due must accept the transfer when tendered 
in time, the price being made equal to the price of the contract on which the 
tender is made ; provided the transfer is otherwise in accordance with such con- 
tract. 

All orders from warehouse or other place of delivery, upon which 5 days' 
notice has been given, must be delivered to the first receiver before 12 M. of the 
day before the cotton is due. 

When no notice of the delivery is given under the contract, the 
delivery must be made on the last day stipulated in the contract. The party de- 
livering must, however, present to the first receiver a transferable notice before 11 
A. M. of the business day next before that of delivery. Transfers may be made the 
same as in the case of the five days' notice, and the party with whom the transfer 
may lodge at 3 P. M. of that day must present it to the drawer before 4 P. M., 
and receive a warehouse order for the cotton. 



48 



New York Banker 6° Broker Manual. 



Payment for cotton delivered on time contracts is to be made on the day fol- 
lowing delivery, except where payment on delivery is required when it is to be 
made simultaneously with the delivery, notice to that effect having been endorsed 
on the warehouse order. 

The rates of brokerage are as follows : Upon all sales of spot cotton 25 cents 
per bale to be paid by both buyer and seller. 

Upon contracts for future delivery and settlement of the same, 12% cents on 
contracts and 6*4 cents for settlements, to be paid by the party employing the 
broker. 

Offers to buy or sell for future delivery in the Exchange must be free of brok- 
erage unless otherwise stipulated. 

Upon delivery of cotton upon contracts an additional brokerage of 12% cents 
per bale shall be paid by each party delivering or receiving the same. 

There are three public calls for cotton contracts daily : at 10.30 A. M., 12 M., 
and 2. P. M., except on Saturdays, when there are two calls : at 10.30 A. M. and 
12.30 P. M. 

Contracts falling due on holidays shall be completed on the preceding day, and 
when a notice of five days is required, it must be given at least 5 days previous to 
the day preceding such holiday. 

When the fifth day previous to the date of delivery falls on a holiday, the 
transferable order must be issued on the preceding day. 

When the day of delivery falls on the day following a holiday, the circulation 
of transferable and warehouse orders must terminate on the next preceding busi- 
ness day. 

FORMS. 

No Contract A. 

Office of 

New York, 188 

Bought for M Of 

45,000 lbs in about one hundred square bales Cotton, growth of the 
United States, deliverable from licensed Warehouse in the Port of New York, be- 
tween the First and Last day of next, inclusive. The delivery within 

such time to be at seller's option, in lots of not less than fifty bales upon five days' 
notice to buyers. The Cotton to be of any grade from Strict Ordinary to Fair, in- 
clusive, and if Stained not below Strict Good Ordinary, at the price of 

( )cents per pound for Middling, with additions or deductions for other grades, 
according to the rates of the New York Cotton Exchange on afternoon of the 
fifth day previous to the date of the Warehouse Order. 

Either party to have the right to call for a margin, as the variations of the 
market for like deliveries may warrant. And which margin shall be kept good. 

This Contract is made in view of, and in all respects subject to, the rules and 
conditions established by the New York Cotton Exchange, and in full accordance 
with Article II., Title IV., Chapter Second of the By-Laws. 

Respectfully, 



Per..: 

For and in consideration of One Dollar to in hand paid, receipt whereof is 

hereby acknowledged accept this Contract with all its obligations and con- 
ditions. 



New York Banker 6° Broker Manual. 



49 



TRANSFERABLE NOTICE. 
New York, 



188 



o'clock 
To C. cV Co.: 

Take notice that on we shall deliver you 45,000 pounds 

in about one hundred square bales Cotton in accordance with the terms of our 
Contract sale to you dated at cents per pound. 

We pledge ourselves to deliver Warehouse Order to the last holder of this notice 
upon presentation of the same to us between the hours of 11 A. M. and 12 M. 
o'clock of the being the day previous to that of delivery. The Cotton 

is to be received and held by the last acceptor hereof as custodian for us insured 
for whom it may concern, and subject to our order until we are paid at the rat$ 
of cents per pound. 

F. G. <&* Co. 

CONDITIONS. 

In consideration of one (1) dollar paid to each of the acceptors, receipt of which 
is hereby acknowledged, it is agreed that the last acceptor hereof will, between 
the hours of 11 A. M. and 12 M. o'clock on the day preceding the 
present the within notice to F. G. &* Co., receive the Warenouse Order for the 
Cotton therein named, and on the following day receive the Cotton and hold the 
same as Custodian and Agent for the said F. G. &* Co., insured for whom it may 
concern and subject to their order until they are paid the full amount of 
cents per pound and to settle with them on the basis of Middling, with allowance 
for variation of grade in accordance with quotations of the New York Cotton Ex- 
change on day of delivery. It is further agreed that each acceptor hereon shall 
continue his (or their) liability to each other for the fulfillment of the Contracts 
until this notice shall have been returned to F. G. <&* Co., and a Warehouse Order 
specifying the Cotton to be delivered received by the last acceptor hereof from 
F. G. <&* Co., at which time all responsibilities of intermediate parties shall cease. 

C. cV Co. 
FORM OF TRANSFER. 



New York, 



188 



o'clock 
Messrs. /. S. 6r Co.: 

We accept the above with all its conditions and obligations, and vou will please 
take notice tnat in accordance therewith we shall deliver you 45,000 pounds in 
about one hundred square bales Cotton on account of our Contract sale to you, 
dated The Cotton to be paid for at 

the price of transferable notice. 

C. &» Co. 

Range of Prices in 1S80. 



High- 
est. 

Ordinary IIJ4 

Strict Ordinary 11% 

Good Ordinary. ...12 5-16 
Strict Good Ordin.12 9-16 

Low Middling 12% 

Strict Low Middl..l3 1-16 

Middling VSU 

Good Middling... 13^ 
Strict Good Middl.13% 

Middling Fair 14*4 

Fair 15 



inds ^ 


.'-New Orleans^ 


, Texas , 


Low- 


High- 


Low- 


High- 


Low- 


est. 


est. 


est. 


est. 


est. 


7 15-16 


11% 


7 15-16 


11% 


7 15-16 


8 9-16 


12 


8 11-16 


12 


8 11-16 


9 9-16 


12 7-16 


9 11-16 


12 7-16 


9 11-16 


9 15-16 


12 11-16 


10 1-16 


12 11-16 


10 1-16 


10 7-16 


13 


10 11-16 


13 


10 11-16 


10 11-16 


13 3 16 


10 15-16 


13 3-16 


1015-16 


10 15-16 


13% 


11 3-16 


13% 


11 3-16 


11 5-16 


13% 


11 9-16 


13% 


11 9-16 


11 9-16 


13% 


11 3-16 


13% 


11 3-16 


12 1-16 


14% 


12 5-16 


14% 


12 5-16 


12 11-16 


15% 


12 15-16 


15% 


12 15-16 



50 New York Banker 6° Broker Manual. 
Stained. 

Highest. Lowest. 

Good Ordinary 11 5-16 7% 

Strict Good Ordinary 12U 8^ 

Low Middling 12% 9 5-16 

Middling 12 13-16 10^ 

Aggregate Monthly Transactions. 

• , Futures > 

Spot Sales. Sales. Deliveries. 

January 13,684 3,063,000 32,700 

February 19,652 3,079,600 12,700 

March 18,371 3,050,000 18,000 

April 80,845 4,448,700 26,700 

May 38,691 2,094,500 12,700 

T une 28,470 1,391,500 11,400 

uly 15,224 1,191,000 10,200 

August 23,369 1,615,700 18,500 

September 26,710 2,706,100 35,800 

October 33,285 2,161,700 20,600 

November 28,077 3,443,700 11,800 

December 24,120 3,178,500 18,600 

Total 350,498 31,424,000 229,700 



f 



NEW YORK PETROLEUM EXCHANGE. 

A delivery of crude oil is made by tendering the purchaser an accepted order 
or certificate on the pipe line named in the transaction. 

A spot delivery must be made before 2 P. M. on the day the transaction occurs, 
unless the purchase is made after 2 P. M., when the delivery must be made before 
2 P. M. on the next business day. 

A regular delivery is made during banking hours on or before the third busi- 
ness day after the transaction. 

A seller's option gives the seller the privilege of terminating a contract any time 
within the time specified in the contract. If the oil is tendered before 2 P. M. it 
must be accepted on the same day ; if after 2 P. M., not until 10 A. M. the next 
day. If the contract runs to maturity, the oil must be delivered before the expira- 
ation of banking hours on that day. 

A buyer's option permits the buyer to terminate the contract at any time within 
the time specified by the contract. To ensure delivery on date of demand, the de- 
mand must be made before 12 o'clock noon ; if made after that hour, the oil must 
be delivered before 12 o'clock noon of the next business day. If no demand is 
made the buyer must receive the oil on the day the contract matures, before expir- 
ation of banking hours. 

Options with notice give the buyer or seller respectively the right to terminate 
a contract before maturity, by presenting the notice agreed upon. After notice is 
given the contract matures before 3 o'clock on the same day. 



New York Banker 6° Broker Manual. 



5 1 



In all contracts in which the term "about " is used, either as to time or quan- 
tity, the variation shall n«t exceed 10 per cent, in quantity, or the time three days. 

In public offers to buy or sell, no amount or kind of oil being mentioned, the 

amount will be considered to be 1,000 barrels, and the kind United Pipe Line 

Certificates. 

FORM OF ORDER. 

Acceptance. This Order not good until accepted. 

No 18 

THE UNITED PIPE LINES 
Incorporated March 28, 1877. 

Deliver to or order 

Barrels Crude Petroleum (of 42 gallons each), 

and charge to account of 

It is Agreed, that the Petroleum mentioned in this order, is held by the 
United Pipe Lines, subject to a transportation charge of twenty (20) cents per Bar- 
rel, and a storage of five-eights of one cent per Barrel for each fifteen days or 
fractional part thereof, from and after date of issue. 

It is Further Agreed, that this order shall be returned to the United Pipe 
Lines for exchange in six months from date of issue, or be subject to a storage 
charge of one-third of one cent per Barrel daily thereafter until returned. 

It is Further Agreed, that the United Pipe Lines shall not, in any event, 
be liable for any loss of Crude Petroleum resulting from lightning, fire, storms, or 
other unavoidable causes, it being distinctly understood and agreed, that any such 
loss or losses shall be charged pro rata upon all the Petroleum in their custody at 
the time of such loss or destruction, and that the quantity of Petroleum called for 
by this order shall be reduced by its proportion of such loss or destruction. 

And it is Further Agreed, that transportation and all accrued storage 
charges shall be paid on the amount so deducted. 

Order.No Bbls., Collect cents per Bbl. 

Yearly Summary and Recapitulation, 1880. 



January. February. 



March. 



April. 



May. 



June. 



Pipe Runs 

Shipments 

Exports 

Charters 

Stock First of ) 

Month ) 

Wells Complet. 



67,750 62,952 

52,503 47,707 

36,337 25,785 

18,303 22,996 

8,552,256 8,984,341 

242 279 



67,326 
51,071 
24,635 
18,954 

9,405,240 

367 



68,147 
27,172 
17,849 
12,483 

9,834,457 

451 



59,176 
28,439 
15,033 
18,375 

L,001,304 

441 



70,231 
25,302 
24,726 

38,843 

1,737,890 
331 



July. 



August. 



September 



October. 



November. December. 



Pipe Runs. . 
Shipments.. 

Exports 

Charters. . . 

St'klstof I 

Month J 

Wells Com. 



71,207 
33,672 
31,646 
35,419 

12,720,220 

337 



71,253 
43,033 
42,059 
30,270 

13,609,369 

397 



68,032 
41,180 
35,791 
33,566 

14,383,551 

352 



71,779 
53,739 
31,973 
17,809 

15,249,661 

358 



67,858 
40,567 
18,925 
21,746 



70,062 
43,097 
24,311 
20,425 



15,678,127 16,402,431 
350 ! 358 



52 



New York Banker d>> Broker Manual. 



Pipe Runs. 

Total 24,868,325 

Daily Average . . . 67,946 

Smallest 59,176 

Largest 71,779 



Average Price of Crude Petroleum During each 
Month. 



Shipments. 


Exports. 
9,986,655 


Charters. 


15,839,773 


8,812,229 


43,276 


»S7,285 


24,077 


25,302 


35,033 


12,483 


53,739 


42,059 


38.842 



January 110 

February 101 9-16 

March 90 5-16 

April 78M August 91^ 



May 86% 

June 107 3-16 

July 104 1-16 



Average for Year, 96. Highest, 12 



September 98 7-16 

October 96% 

November 91 9-16 

December 94 1-16 

Lowest, 71^ 



London. 


Antwerp. 


Bremen. 


High- 


Low- 


High- Low- 


High- 


Low- 


est. 


est. 


est, est. 


est. 


est. 


6% 


5M 


20^ 17M 


765 


685 


6*4 


6 


18M 18 


750 


715 


6^ 
6V6 


5M 


19 18% 


740 


720 


5% 


19^ im 


750 


710 


Wi 


6 


18M 173^ 


715 


690 


m 


6% 


223^ 18U 
233^ 21^ 


930 


720 


n 


1% 


985 


930 


m 


23M 22 


950 


890 


10 


8 


28M 233^ 


1110 


930 


10 


9U 


28^ 26% 


1110 


1050 


9% 


m 


283^ 23% 


1065 


9 


11% 


8 


25% 24 


940 


9 



Highest and Lowest Prices of Refined During Each 
Month. 

New York. 
High- Low- 
est, est. 

January 83^ 7% 

February 8 73^ 

March 7% 7% 

April 7% 7% 

May 7% 7% 

June 10^ 7% 

July 10^ 9 

August 9% 8% 

September 11% 9% 

October.. 1.2& 11% 

November 12 9 

December 10 9 



GENERAL STATISTICS. 

UNITED STATES. 

Debt December 31, 1880. 

Interest bearing $1,675,265,400 

Total 2,121,481,475 

Total, less cash in Treasury 1,899,181,735 

Bonds Outstanding December 31. 

6s Currency Registered "$64,623,512 

6s 1881 201,556,000 

5s 1881 469,651,050 

43^s 1891 250,000,000 

4s 1907 738,420,400 

Tote! $1,724,250,962 



New York Banker 6° Broker Manual. 53 
Gold and Silver. 

Stock of gold December 31 $486,683,049 

silver " " 163,860,633 

Production of gold 1880 33,522,182 

silver " 40,005,364 

Exports of gold and silver 16,045,901 

Imports " " 85,275,723 

Excess of imports gold and silver 69,229,822 

Gold coined in 1880 62,283,279 

Silver " " 27,409,706 

Gold certificates outstanding December 31 6,582,380 

Silver •' •■ " 36,127,711 

Immigration. 

1880 586,068 

Railroads. 

Miles constructed in 1880 7,150 

" foreclosed " 3,775 

Debt of foreclosed roads $166,568,000 

Capital " " 97,313,700 

Earnings of 44 roads , 193,036,245 

Population. 

1SS0 50,152,554 

Failures. 

Number 4,735 

Liabilities $65,752,000 

Foreign Trade. • 

Exports domestic merchandise $875,580,493 

" foreign " 14,069,347 

Imports " " 696,803,433 

Excess of exports 192,846,407 

Products in 1880. 

Wheat, bushels 481,000,000 

Cotton, bales 6,000,000 

Iron, tons 3,300,000 

Coal, anthracite, tons 23,437,242 

Currency December 31. 

Legal tenders outstanding $346,681,016 

Trade dollars 10,000,000 

Gold coin and bullion (estimated) 497,000,000 

Standard silver dollars 28,000,000 

Gold certificates 6,582,380 

Silver " 36,127,711 

National bank notes 343,219,943 

National gold bank notes 1,135,260 

Total $1,268,746,310 

Amount in banks and Treasury $425,928,741 

Amount left in circulation 842,817,569 



54 iV^w York Banker 6^ Broker Manual. 
National Banks. 

Number September 1 . 2,072 

Capital $454,215,062 

Surplus 120,145,649 

Dividends paid, year ended September 1 36,411,473 

Ratio dividends to capital, 6 months 4.03 per cent. 

Non-Dividend Paying. 

Number, year ended September 1 230 

Capital $28,370,675 

Circulation. 

Notes outstanding December 31 $343,219,943 

Gold notes " " " 1,135,260 

Reserve October 1, 1880. 

Deposits of 2,090 banks $968,000,000 

Reserve required 201,000,000 

Reserve held 323,000,000 

Taxation (U. S.) Year Ended July 1. 

On circulation $3,153,635 

On deposits 4,058,710 

On capital , 379,424 

Total $7,591,770 

Bonds to Secure Circulation December 31. 

Currency 6s $4,019,000 

6 per cents 50,71 9,750 

5 per cents - 8,330,550 

4J4 per cents 36,710,450 

4 per cents 110,043,800 

Total , . .$359,823,550 



York Banker & Broket Manual. 



55 











































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5 6 New York Banker 6° Broker Manual 
NEW YORK STATE. 
Debt, Funded. 

October 1 $9,122,054 

Canals, 1880. 

Tonnage carried 6,462,290 

Tolls collected $1,155,257 

Banks, State, October i. 

Number 68 

Capital $18,738,290 

Deposits 61,795,773 

Resources 99,850,755 

Surplus , 6,058,280 

Banks, Savings, July i. 

Number 128 

Resources $376,211,240 

Deposits 335,461,570 

Surplus 40,543,454 

Number of Depositors 912,863 

Insurance, Fire. 

Number * 167 

Assets $143,248,869 

Liabilities 94,107,073 

Cash income (year) 60,458,160 

Cash expenditures (year) 58,822,513 

Insurance, Life, Home Companies. 

Number 12 

Assets $202,562,831 

Liabilities 169,675,366 

Surplus 32,887,465 

Insurance, Life, Other States. 

Number 19 

Assets $198 952,961 

Liabilities 166,562,705 

Surplus 32,390,266 

Insurance, Marine. 

Number 18 

Assets $20,147,902 

Surplus 3,565,707 



New York Banker 6° Broker Manual. 57 
[nsur \n<k, Casualty. 

Number I 

11,800,000 

Surplus 271,000 

Failures, 1880. 

Number (exclusive of New York City) 161 

Liabilities " •' " $5,617,766 

Population. 

1880 5,088, 1 7:5 



NEW YORK CITY. 
Sio( k Exchange. 

Shares of stock sold 1880 07,200,000 

Railroad bonds " " $569,910,000 

Government' 58,460,000 

State " " " 15,497,400 

Shares of city bank stock sold 1880 15,354 

Mining Exchanges. 

New York, shares sold 1880 20,587,570 

American, " " 8,1 15,505 

Dry Goods. 

Entered for consumption, 1880 $86,914,282 

" warehousing " 28,995,062 

Withdrawn from warehouse 25,763, 196 

City Debt. 

Stocks and bonds December 31, L880 1106,066,240 

Failures 1880. 

Number 115 

Amount of liabilities $19,459,74 t 

Amount of assets 8, 140,201 

Population. 

1880 1,206,590 

Interest. 

Average rate on call loans 4.0 per cent. 



58 New York Banker 6- Broker Manual 



Weekly Clearings of City Banks. 



Tan. 


3. 




10. 


" 


17. 


" 


24. 


11 


31. 


Feb. 


7. 


" 


14. 


" 


21. 


" 


28. 


Mar 


. 6. 


" 


13. 


" 


20. 


" 


27. 


Apri 


1 3. 


" 


10. 


" 


17. 


" 


24. 



.$604,197,943 
. 657,695,260 

. 787,728,198 

. 743,125,031 

. 772,270,895 

• 720,978,130 

683,453,357 

795,314,114 

725,419,855 

- 895,014,025 

. 827,801,840 

. 748,481,804 

. 644,453,967 

. 771,019,670 

810,774,898 

849,817,403 

720,947,846 



May 1 

" 8. 

" 15 

" 22 

" 29 
June 5 

" 12. 

" 19. 

" 26. 
July 3 

" 10 

" 17. 

" 24. 

" 31. 
Aug. 7. 

" 14. 

" 21. 

" 28. 



.$697,435,051 
. 790.386,569 
. 867,632,049 
. 759,515,331 
. 795,990,673 
. 639,336,131 
. 737,534,533 
. 616,148,141 
. 607,558,981 
. 711,472,517 
. 452,751,881 
. 560,486,032 
. 625,916,274 
. 586,540.682 
. 644,309,967 
. 551,923,441 
. 480,785,189 
. 522,899,382 



Sept. 



Dec. 



4.. 
11.. 

18.. 
25.. 



Oct. 2 



30 

. 6. 

13. 

20 



$603,877,203 
625,650,183 
623,375,655 
573,355,801 
705,598,706 
651,169,020 
16.. 693,917,360 
23.. 872,895,695 
785,361,621 
866,393,048 
896,540,451 
868,076,513 
27.. 1,072, 680, 747 
4.. 1,155, 094, 682 
11.. 940,101,842 
18.. 974,074,998 
24.. 804,522,749 
31.. 817,931,113 



Bank Changes in 1880. 

T January 3. 

L 0ai is $276,706,200 

Specie . 48.282,100 

Legal Tenders 12,723,500 

J?. e P°f lts 242,087,100 

Circulation 23,748,600 

^fP ltal 60,475,200 

Clearances 604,197,943 



December 31. 

$297,756,700 

58,047,900 

12,796,600 

272,466,900 

18,408,200 

60,475,200 

817,931,113 



Grain Movements in New York in 1880. 



Receipts, 
wu .. Bushels. 

J? heat 60,381,021 

X " 1 • 60,983,850 

^ at f 13,978,268 

g arle y 3,926,266 

£y e 2,023.155 

^ ou f 24,342,021 

^ ea V ■ • ■ -. 2,301,964 

Tota grain 145,132,764 

1 otal gram, flour and meal 171,776,749 



Exports. 

Bushels. 

61,605,886 

49,704,960 

427,794 

254,833 

2,181,183 

18,741,335 

1,640,660 

114,822,805 

135,204,800 



INTEREST. 
Bank of England Rate. 

January 1 to June 9 o -«—.«„,* 

Tune 9 to December 1 2U P « ' 

December 1 to December 31 ..................' | « 



New York Banker &* Broker Manual. 59 

FOREIGN EXCHANGE. 

60 Days , Sight , 

lli^h- Low- High- Low- 

est. est. est. est. 

lanuarv 4.88*4 1.8154 L86 L84 

February I 86 " L88 4 85 

March I 86 ! 85 I 89 I 88 

April 4.88 I 85 i 89 I 8754 

May 4. ST L85J4 190 1.88% 

lune 4.87 4.85 " 1 90 I 87}^ 

July 4.85 ! 83 I 87^ I 85 

August I 89 i 82 I 35 1 84 

September 1.82 1.815^ I M ; .> 1.84 

October - I.v.'i.; 4.815? k.85 L84 

November 4.82 4.79% 1*1'-. L81% 

December 4.81^ 4 . 7«.) " !>!'.. 1M'. 



GOLD AND SILVER. 

From the Bullion ANNUAL. 
By permission of the Bullion Publishing Co. 

world's production and supply. 
Taking the discovery of America, or the year 1492, 
as a starting point, we estimate the world's stock of 
gold at that time at 26,^00,000 ounces, of silver at 
326,000,000 ounces. Since the year 1492 we have 
practically accurate accounts of yearly production. 
Grouping the total between the discovery of America 
and the discovery of gold in California, or between 
1492 and 1848, we find the production of gold was 
160,000,000 ounces, and the production of silver was 
4,800,000,000 ounces. The yearly production since 
1848 is given in the following table : 



6c 



New York Banker c-- Broker Manual. 



Gold, Sil Proportion of 

our. gold to silver. 

::_: 1.355,000 31,200,000 1 to 25 325 

: B 5 : 2,222,50c 3 : : : : . doo 1 to i_ 

1:5:.... 3,380,00c :. 000,000 1 to 9,437 

1852 6,637,500 32,480,000 1 to _ 

1853 : 50c 32 _ ; :.ooo 1 tc _ :- 

[854 6.372.50-3 32,480,000 1 to 5,096 

[855 ^753»750 ':'- - ; »«» itc 4,778 

185! - 3 : : 32,520, 000 1 to 4,40c 

185 " 6,663,750 32.520,000 1 to _ 

::ff 6,232 5 : : 32,520, 000 I to 5 : : " 

1859 6.242.500 32,600,000 I to 5 ;_; 

i860 : - ; : - : .10,000 itc 5,474 

1861 5,600,000 34,160,000 1 to 6,000 

: I : : 5 .- : _ 500 36,160,000 1 to 6,920 

1863 5,347,500 39,360,000 I to 7,364 

: ; :_ -650,000 41,360,000 I to 7,285 

: M f 6,010,000 41,560,000 I to 6,915 

[866 6x55,000 40,5$o,ooo 1 to 6.520 

:: - 5 701,250 43.3S0.000 1 to - 

5 A - : - 5 - _::::. doo 1 to 7,321 

1S69 f -:: 250 3S, 000,000 1 to 7,154 

187c 5,342,500 41.260,000 1 to ; 723 

1871 5,350,00c _ ; : _ : . Doo 1 to 9, 129 

1872 _.c>So,ooo 52,200,000 1 to ic 

1873 4,810,000 -1400,000 1 to 14.: 

::-_ 4,5 - - --.200,000 1 to 12,606 

1875 _: -5,000 64,400,000 I to 13,230 

: I -: 4,750,00c : - ; . : doo I to 12,463 

[877. . 4,85c :oo 64,Soo,ooo 1 to 13,38 5 

1878 - }-: ^00 68,800,000 I to 15,005 

:- ; ;-j,ooo 64,830,000 1 to 12.310 
*4, 740,000 5 : 5 30 jOO I to 12 - : 5 

Total. 1-: ._; 75c : ; 290.000 11013.959 
imated. 

Following is a summar)* of the world's production 



York Banker i> Broker Manual. 61 

and supply of gold and silver from the earliest date 

to January i, 1881 : 

Gold, Silver, 

ounces. ounces. 

To World's stock in 1492 26,000,000 326,000,000 

Production 1492 to i5_p 160,000,000 4,800,000,000 

171.445,750 2,593,290,000 

Total 357,443 7! - - : : 

The stock of gold and silver, had none been lost 

or destroyed would therefore amount at this time to 

5,75c ounces of gold and 7,519.290,000 ounces 

of silver. Estimating the annual loss from abrasion 

and total destruction at one- tenth of one per cent 

per annum, would make a total since 1492 of 39,- 

000.000 ounces of gold and 852.000,000 ounces silver 

lost to the world, leaving the actual supply at the 

present time as shown in the following table : 

Gold, Sil" 

our. oun c 

Production - __ - 7. 5 : :. : : : . :•:•: 

:royed 59.000,000 : : 

rnt stock ": 6,667,290,000 

These totals represent the amount of gold and 

r of even- description in the world at this time, 

embracing coin, bullion and the metal employed in 

the 1 :h at any time can be converted into 

coin or bullion. 

The amount of gold and silver in circulation and 
held as reserve in National Treasuries and in banks 
in the world is estimated as folio- 



62 JVe7i' York Banker e>* Broker Manual. 

Gold, Silver, 

ounces. ounces. 

Circulation 141,000,000 1,990,000,000 

Treasury Reserve. . . 7,700,000 95,500,000 

Bank Reserves 21,200,000 260,500,000 

Total 169,900,000 2,346,000,000 

Deducting the above amounts from the present 
supply of gold and silver, as shown in the preceding 
table, and the following result appears: 

Gold, Silver, 

ounces. ounces. 

Present Stock 318,443,750 6,667,290,000 

Circulation and Re- 
serves 169,900,000 2,346,000,000 

Balance 148,543,750 4,321,290,000 

This balance represents the amount of gold and 
silver in the world at the present time, existing in the 
shape of hoardings or employed in the arts, and capa- 
ble of being converted into money. 

The stock of gold and silver in the United States 
at the close of 1880 was $650,543,682, of which 
$486,683,049 were gold and $163,860,632 were silver. 
The report of the mint for the year ended June 30, 
1879, showed that the amount of coin outstanding at 
that date was as follows : Gold, $286,490,698 ; silver, 
$112,050,985 ; total, $398,541,683. The amount 
coined, less recoinage, during the fiscal year ended 
June 30, 1880, was: Gold, $55,948,407; silver, $27,- 
9°3i 1 39> total, $83,851,546, and the net imports dur- 



New York Banker d>> Broker Manual. 63 

ing that period were : Gold, $16,519,586; silver, $2,- 
642,896; total, $19,162,482. The amount in circu- 
lation on June 30, 1880, was therefore $358,958,691 
gold and $142,597,020 silver, making a total of $501,- 
555,711. The amount of bullion held in the mint on 
June 30, 1880, was $40,724,358 gold and $6,263,613 
silver, making a total of $46,987,971. The produc- 
tion of the United States from July 1st to December 
31st, 1880, was $18,000,000 gold and $19,000,000 
silver, a total of $37,000,000. The net imports of 
coin and bullion during the last six months of 1880 
was $69,000,000 gold, and the net export of silver 
was $4,000,000, making a net import of gold and 
silver of $65,000,000. Adding the amount in circu- 
lation on June 30, 1880, the bullion held by the mint 
on that date, the production since and the net imports 
of coin and bullion, and the stock in the United 
States appears as follows : Gold, $486,683,049; silver, 
$163,860,633; total, $650,543,682. 

Of the total production of the world to 1848 the 
United States contributed 1,000,000 ounces gold, or 
less than 1 per cent, of the world's supply at that date. 
Since 1848 the yearly production of gold and silver 
in the United States was as follows : 



64 



New York Banker &> Broker Manual, 





Gold, 


Silver, 




Gold, 


Silver, 




ounces. 


ounces. 




ounces. 


ounces. 


1849. 


. 2,000,000 




1866 


. 2,675,000 


8,000,000 


1850. 


. 2,500,000 




1867 


. . 2,575,000 


10,400,000 


1851. 


. 2,750,000 




1868 


. . 2,400,000 


9,600,000 


1852. 


3,000,000 


160,000 


1869 


. . 2,475,000 


9,600,000 


1853. 


3,250,000 


160,000 


1870 


. . 2,500,000 


12,800,000 


1854. 


3,000,000 


160,000 


1871 


. 1,794,900 


18,288,000 


1855. 


2,750,000 


160,000 


1872 


. 1,972,973 


16,422,000 


1856. 


2,750,000 


160,000 


1873 


. 2,022,880 


22,681,680 


1857. 


2,750,000 


160,000 


1874 


. 2,005,152 


24,398,400 


1858. 


2,500,000 


[60,000 


1875 


. 2,087,257 


27,235,128 


1859.. 


2,500,000 


160,000 


1876 


. 2,216,425 


33,205,337 


1860.. 


2,300,000 


800,000 


1877 


. 2,225,000 


30,400,000 


1861.. 


2,150,000 


1,200,000 


1878 


. 1,875,000 


28,000,000 


1862.. 


1,950,000 


2,400,000 


1879 


. 1,577,000 


30,000,000 


1863.. 
1864.. 


2,000,000 
2,300,000 


5,600,000 
8,000,000 


1880. 


. 1,626,000 


31,200,000 








1865.. 


2,650,000 


8,800,000 


Total 


..75,127,587 340,310,545 



The above table shows that the production of gold 
in the United States from 1848 to date aggregated 
75,127,587 oz., or 44 per ct. of the world's production 
during the same period. The production of silver 
in the United States amounted to 340,310,545 ounces, 
or 1 4 per cent, of the world's production. 

PRODUCTION OF UNITED STATES IN 1880. 

A reference to Table II. Appendix, shows that 
the production of the United States for 1880, in- 
cluding about $3,000,000 from Mexico and British 
Columbia, amounted to $80,167,936, a gain of $4,- 
818,435 over 1879. The production of gold aggre- 
gated $33,522,182 in 1880, against $32,539,920 in 
1879, and of silver $40,005,364 against $38,623,812, 



New York Ba?iker &* Broker Manual. 65 

a gain of nearly $1,000,000 gold and about $1,400,- 
000 silver. Colorado leads the list as a producer, show- 
ing $21,284,989 to its credit. California follows with 
$18,276,166, then Nevada with $15,031,621. Utah 
is fourth, showing an output of $6,450,953. Arizona 
is fifth, Dakota sixth, Montana seventh, Idaho eighth, 
Oregon ninth, New Mexico tenth and Washington 
eleventh. 

Colorado, the banner State of 1880, presents a very 
satisfactory showing. In the past four years it has 
risen from fourth to first place. It produced in 1880 
$21,284,989, against $14,413,515 in 1879, $6,232,747 
in 1878 and $7,913,549 in 1877. Its yield last year 
was about 30 per cent, of the entire yield of the 
United States; last year it was less than 20 per cent; 
in 1878 it was about 8 per cent., and in 1877 the 
ratio was about the same. The increase over 1879 
is $6,871,474, which is principally made up by the 
increased output of Leadville. The yield amounts 
to $15,095,153 against $10,189,521 in 1879, a gain 
of nearly $5,000,000. 

The total production of Leadville, from i860 to 
the close of 1880 was $35,700,000. The produc- 
tion of the several counties of Colorado for 1880, 
is placed as follows: l87g l88o 

Lake $11,477,046 $15,095,000 

Gilpin 2,608,055 2,500,000 

Clear Creek 1,912.410 2,500,000 

Boulder 800,000 500,000 

Custer 720,000 800,000 

Park 434,749 400,000 

Gunnison , 800,000 200,000 

Summit 295.717 450000 

Chaffee 71,240 100,000 

San Juan 483,500 300,000 



66 New York Banker 6° Broker Manual. 

There has been very little variation in the produc- 
tion of California for the past four years, the aggre- 
gate never falling below $18,000,000, and never 
reaching $19,000,000. Last year the production ag- 
gregated $18,276,166, an increase over 1879 of $75,- 
193. There was a decrease of about $350,000 in 
silver, made up by a gain of about $425,000 in gold. 
For the first time California leads Nevada in the 
amount of yield, and takes second place. 

Nevada's production has fallen off until it is but 

little more than one-quarter of what it was in 1877. 

Its decline appears as follows : 

1877 $51,580,290 

1878 35,181,949 

1879 21,997,714 

1880 15,031,621 

A decrease is noticed in the two most prominent 
districts of the State. The Comstock shows a falling 
off from $8,830,562 in T879 to $5,312,592 in 1880, 
a loss of $3,517,970. The production of Eureka 
District was only $4,639,025 in 1880, against $5,859,- 
269 in 1879, a decrease of $1,220,236. The two 
districts show an aggregate loss of over $4,700,000. 

Utah has met with encouragement during 1880, 
and makes a record of $6,450,953, about $1,000,000 
more than in 1879, $400,000 more than in 1878, and 
$1,700,000 less than in '77. Salt Lake and Silver Reef 
have done much to swell the production of the Terri- 



New York Banker & Broker Manual. 67 

tories, the latter' s output being estimated at over $1,- 
050,000, an average of nearly $50,000 to each stamp. 
Utah is the fourth on the list of producers, a position 
which it has occupied for three years. In 1877 it was 
the third, leading Colorado, now the first. 

Arizona is the fifth on the list of producers, and 
its success has been so great that the most extraor- 
dinary estimates of its production for 1880 have been 
made, as high as from $7,500,000 to $10,000,000 being 
claimed. The actual yield may be safely put at not 
more than $4,500,000, and these figures seem large 
when compared with the previous year, when only 
$1,900,000 were realized. Arizona was only the 
eighth in order of production in 1879, but last year 
she stepped over the heads of Oregon, Idaho and 
Dakota. 

Dakota, the sixth producer, occupies the same po- 
sition which it did in 1879. Its production increased 
from $3,208,987 to $4,123,081. Montana is the 
seventh, and records a yield for 1880 of $3,822,379, 
a gain of about $200,000 over 1879. In the latter 
year it was fifth in point of production. Idaho has 
dropped from the seventh to the eighth place, and 
her yield has decreased from $2,091,300 in 1879 to 
$1,894,747 in 1880. Oregon maintains its place as 
ninth on the list, giving a yield of $1,059,641, a gain 
of $21,000 over 1879. New Mexico, the tenth, has 



68 New York Banker 6° Broker Manual. 

increased its yield from $622,800 to $711,300, and 
Washington, the eleventh, from $85,330 to $105,- 
164. 

world's use of the precious metals. 

From Table I., Appendix, it appears that only one 
country, India, uses silver exclusively. Its population 
amounts to 190,663,623, and the amount of silver in 
circulation is $1,015,000,000/ 

The countries using silver as full legal tender, as 
well as gold, are as follows : 

■ Full legal tender 

Population. Silver. 

United States 49,500,000 $72,847,750 

Germany. . . 42,727,360 109,480,000 

France 36,905,788 540,786,000 

Belgium 5,336,185 55,438,000 

Switzerland 2,753,854 10,000,000 

Italy 27,769,475 20,900,000 

Austria : 35,904,435 37,000,000 

Netherlands 3,579,529 57,600,000 

Spain 16,625,869 40,000,000 

Mexico 9,276,079 40,000,000 

Pern 2,673,075 1,819,933 

Central America. . . . 2,600,000 373,919 

Argentine Republic. 2,000,000 2,000,000 

Cuba 1,394,516 1,000,000 

Japan 33,623,319 50,661,878 

Algiers 2,867,-626 5,790,000 

Total 16 countries. 275, 537, 1 10 $1,045,697,480 

Only 9 countries use gold to the exclusion of silver, 
and 8 of these have in circulation $126,654,747 sil- 
ver, with a limited legal tender quality. There are 16 



New York Ba?iker &* Broker Manual. 69 

countries using both gold and silver as legal tender 
and one silver exclusively. The population of the 9 
gold using countries is 55,527,216, while that of the 
17 silver using countries is 466,200,733, more than 
eight times as many. The gold used by the gold 
countries amounts to $735,839,519, while the silver 
used in the silver and the gold and silver using coun- 
tries, having full legal tender quality, amounts to $2,- 
060,697,480, more than 2 4-5 times as much as gold. 
The entire amount of gold in circulation in all coun- 
tries is $2,819,303,004, and the full legal tender silver 
is $2,060,697,480 or over 70 per cent, of the gold cir- 
culation. The amount of silver, full and limited 
legal tender, in circulation, is $2,482,950,021, or with- 
in 15 per cent, of as much as gold. 

The countries using gold exclusively, or giving to 
silver a limited legal tender power only, are as fol- 
lows : 

Population. Am't of Gold. 

Great Britain 31,628,338 $596,019,721 

Canada 4,075,000 6,291,285 

Australia.. 2,603,000 60,821,147 

Greece 1,679,775 4,500,000 

Sweden 4,429,713 7,158,000 

Norway 1,806,900 3,233,366 

Denmark 1,912,142 9,316,000 

Portugal 4,441,037 48,000,000 

Columbia 2,951,311 500,000 

Total 9 countries. 55,527,216 #735,839,519 



70 New York Banker &* Broker Manual. 

COINAGE OF UNITED STATES MINTS. 

The total coinage executed in the United States 
from the organization of the mint (1793) t.i the close 
of the fiscal year ended June 30, 1880, was as fol- 
lows: 

GOLD. 

Double Eagles $919,754,480 

Eagles 76,730,470 

Half Eagles 87,334,485 

Three Dollars 1,556,154 

Quarter Eagles. 28,374,525 

Dollars 19,353,208 

Total gold $1,133,103,322 

SILVER. 

Trade Dollars : $35,959, 360 00 

Dollars 71,780,588 00 

Half Dollars 122,748,295 50 

Quarter Dollars 38,481,099 00 

Twenty Cents 271,000 00 

Dimes 16,904,297 30 

Half Dimes 4,906,946 90 

Three Cents. 1,281,850 20 

Total silver $292,333,436 90 

MINOR. 

Five Cents $5,775>59 2 5° 

Three Cents 857,104 50 

Two Cents 912,020 00 

OneCent.. 5,698,523 94 

Half Cents " 39,926 11 

Total minor. '. . $13,283,167 05 

SUMMARY. 

Gold. .. .$1,133,103,322 00 

Silver ,..,'.. 292,333,436 90 

Minor 13,283,167 05 

Total coinage $1,438,719,925 95 



New York Banker 6° Broker Manual. 7 1 

The coinage executed at the mints of the United 
States during the year 1880 was as follows : 

Double eagles $17,749,120 00 

Eagles 21,690,160 00 

Half eagles 22,831,765 00 

Three dollars 3, 108 00 

Quarter eagles 7,490 00 

Dollars 1,636 00 

Total gold $62,283,279 00 

Dollars $27,397,355 00 

Half dollars 4,^77 50 

Quarter dollars 3, 738 75 

Dimes 3,735 50 

Total silver $27,409,706 75 

Five cents. , 997 75 

Three cents 748 65 

Cents 389) 6 49 55 

Total subsidiary $391, 395 95 

Grand total. $90,084,381 70 

The coinage of gold in the United States reached 
its maximum in 1851, when $62,613,492.50 were 
coined. The average coinage of gold during the past 
ten years was $39,000 per annum ; and the aggregate 
amount since 1793 was $1,133,103,322. During the 
years 1816 and 181 7 no gold coins w r ere struck off. 
The coinage of silver reached its maximum in 1877, 
when $28,549,935 was coined. The aggregate since 
1793 is $292,333,436.90, or a little more than 25 per 
cent, of the gold coinage. In no year has there been 
a total cessation of the coinage of silver, although at 
several times the amount has been reduced to below 
$1,000,000 in a year, and in 1864 to only $548,214. 10. 
The silver coinage during the past six years amounted 



7 2 Neiu York Ba?iker ch 9 Broker Ma final. 

to $141,207,951, or nearly one-half of the entire 
amount turned out since the mints were organized. 

The movement of silver in the United States from 
January 1. 1878, to September 30, 1880. embracing 
the period from the time the Bland silver bill was 
passed, down to the latest date when complete returns 
can be had, is shown in the following figures : The 
imports of American silver coin, including trade dol- 
lars, amounted to $12,040,243. and the exports to 
$3,667,972, leaving as net imports $8,372,271. The 
imports of bullion (foreign and domestic) and foreign 
coin amounted to $29,972,118, and the exports to 
$43,762,095. leaving as net expoits $13,729,977. 
The coinage of standard silver dollars during the 
same period amounted to $70,555,650. 

The following table shows the monthly excess of 
imports over exports of coin and bullion into the 
United States during the vear 1880 compared with 

1879: 

1879. 18S0. 

January *S66g,S34 $165,565 

"February *300,i45 279,762 

March..' *i, 876,090 106,290 

April *2, 452,655 725,643 

May *S32,592 *5S3,294 

June *i, 462,289 177,860 

July 59» 2 73 324,451 

August 5,935,477 9,23^,339 

September 27,130,5^; 19,104,049 

October 18,728,342 14,552,138 

November 17,288,564 9,374,365 

December 5,877,322 15,764,154 

Total $67,375,960 369,229,822 

* Excess of exports. 



JVcic York Banker 6* Broker Manual. 

The following is an estimate of the gold and - 
coin and bullion in the country Oct. i. 1880. and its 
distribution : 

Gold coin in the country June 30. '79 $286,490.69 9 
Coinage of the mints (15 months). . 66. 7 23.49; 
Net import of U. S. gold coin (1411105.) 16.666.806 : : 



Total gold $369,881,003 00 

Silver coin in the country June 30. '79S1 12.050.985 00 
Coinage of the mints (15 months).. 34.776. 437 50 
Net import U.S. silver coin (14 m'ths) 2,971,913 x 



Total silver 149.799.335 5c 

DISTRIBUTION". 

Coin in the Coin in Circula- 

Treasury. tion and Banks. Total. 

Gold. 67.20^.293 65 302.676,709 ^ 369.SS1.cc3 cc 

Silver. 7 2.45x600 00 77.344.73550 149.799.335 5c 



To'l 139.658.93 658 380,021,44485 519,680.35- 5: 

Uncoined gold bullion in the Treasury 6S.040.540 00 
silver " " " 5.557.759 74 



Total gold and silver coin and bullion 

available for coinage S595.27S.63S 24 

The following is a comparative statement 01 the 
production of gold and silver in the United States 
for the fiscal years ending June 30th. 1S77, iS~S and 
1S79. 



74 JVe7V York Banker 6° Broker Manual. 

GOLD. 

Locality. 1877. 1878. 1879. 

California... .$15,000,000 $15,260,679 $17,600,000 

Nevada 18,000,000 19,546,513 9,000,000 

Montana 3,200,000 2,260,511 2,500,000 

Idaho. 1,500,000 1,150,000 1,200,000 

Utah 35°> 000 39 2 ,°° 575>°°° 

Colorado 3,000,000 3,366,440 3,225,000 

Arizona 300,000 500,000 800,000 

New Mexico.. 175,000 175,000 125,000 

Oregon 1,000,000 1,000,000 1,150,000 

Washington. . . 300,000 300,000 75,°°o 

Dakota 2,000,000 2,000,000 2,420,000 

Virginia 50,000 

North Carolina 100,000 150,000 90,000 

Georgia 100,000 100,000 90,000 

Other sources. 25,000' 25,000 50,000 

$45,100,000 47,266,107 38,900,000 

SILVER. 

California. .. ..$1,000,000 $2,273,380 $2,400,000 

Nevada 26,000,000 28,130,350 12,560,000 

Montana 750,000 1,669,635 2,225,000 

Idado 250,000 200,000 650,000 

Utah 5,075,000 5,208,000 6,250,000 

Colorado 4,500,000 5,304,940 11,700,000 

Arizona 500,000 3,000,000 3,350,000 

New Mexico.. 500,000 . 500,000 600,000 

Oregon 100,000 100,000 20,000 

Washington... 50,000 26,000 20,000 

Dakota 60,000 

Lake Superior. 200,000 100,000 780,000 

Other sources . 25,000 25,000 47,000 

38,950,000 46,726,314 40,812,000 



THE NEW YORK BANKER &* BROKER 
DIRECTORY 

OF 

TRANSFER OFFICES, BANKS, ETC. 

NAME. TRANSFER OFFICE. 

Alabama Central 52 William street. 

Albany and Susquehanna Bank of Commerce . 

Atchison, Colorado and Pacific Ill William street. 

Atchison, Topeka and Santa Fe Bank of Commerce. 

Atlantic and Charlotte Air Line Coal and Iron Exchange. 

Boston and New York Ajr Line 12 Wall street. 

Boston, Hartford and Erie 3 Pine street . 

Brunswick and Albany 53 Exchange place. 

Buffalo, New York and Erie 9 Nassau street. 

Burlington, Cedar Rapids and Northern 56 Broadway. 

Cairo and Vincennes 3 Broad street. 

Carolina Central Farmers Loan and Trust Co. 

Cayuga and Susquehanna 26 Exchange place. 

Cedar Falls and Minnesota 41 Cedar street. 

Central Pacific 9 Nassau street. 

Central of Georgia National City Bank. 

Central of Minnesota 92 Broadway. 

Central of New Jersey 119 Liberty street. 

Chatfield 52 Wall street. 

Cherry Vallev, Sharon and Albany Coal and Iron Exchange. 

Chesapeake and Ohio 9 Nassau street. 

Chester Farmers Loan and Trust Cd. 

Chicago and Alton 35 William street. 

Chicago, Burlington and Quincy National Bank of Commerce. 

Chicago and Canada Southern Grand Central Depot. 

Chicago and Eastern Illinois Union Trust Company. 

Chicago, Milwaukee and St. Paul 68 William street. 

Chicago and Northwestern 52 Wall street. 

Chicago and Paducah 80 Broadway. 

•Chicago, Rock Island and Pacific 13 William street. 

Chicago, St. Louis and New Orleans 31 Nassau street. 

Chicago, St. Paul, Minneapolis and Omaha 5 Exchange court. 

Cincinnati, Ind. St. Louis and Chicago American Exchange Bank. 

Cincinnati, Sandusky and Cleveland Union Trust Company. 

Cincinnati, Cumberland Gap and Charleston 2 Exchange court. 

Cleveland and Pittsburg 26 Exchange place. 

Cleveland, Columbus, Cincinnati and Indianapolis. . .Union Trust Company. 

Columbus, Chicago and Indiana Central Union Trust Company. 

Cumberland and Pennsylvania Union Trust Co. v . 

Danbury and Norwalk 84 Broadway. 

Delaware and Hudson Canal Bank of Commerce. 

Delaware, Lackawanna and Western 26 Exchange place. . 

Denison and Southeastern 98 Broadway. 

Denver and Rio Grande Coal and Iron Exchange. 

Des Moines and Fort Dodge 61 Wall street. 

Easton and Amboy Coal and Iron Exchange. 

Elizabeth, Lexington and Big Sandy 9 Nassau street. 



7 6 



New York Banker &= Broker Manual. 



Erie and Pittsburg Union Trust Company. 

Elizabeth City and Norfolk United Bank Building. 

Freehold and New York 61 Wall street. 

Geneva and Lyons Grand Central Depot . 

Georgia Southern 52 Broadway. 

Grand Rapids and Indiana 27 Pine street. 

Greene 26 Exchange place, 

Hannibal and St. Joseph 80 Broadway. 

Harlem Extension, South 57 Liberty street. 

Hariem River and Portchester Grand Central Depot 

Hastings and Dakota 80 Broadway. 

High Bridge , . . . • 119 Liberty street. 

Houston and Texas Central 80 Wall street. 

Illinois Central Union Trust Company. 

Indiana, Bloomington and Western 115 Broadway. 

Indianapolis, Decatur and Springfield 120 Broadway. 

International and Great Northern 49 Cedar street. 

Iowa Midland 52 Wall street. 

Ithica, Auburn and Western 20 Nassau street. 

Junction and Breakwater 197 Greenwich street. 

J unction (Buffalo) Grand Central Depot. 

Keokuk and Des Moines 13 William street. 

Lackawanna and Susquehanna Coal and Iron Exchange. 

Lake Champlain and Moriah 56 Broadway. 

Lake Erie and Western ,' Metropolitan National Bank. 

Lake Shore and Michigan Southern Grand Central Depot. 

Long Branch and Sea Girt 119 Liberty street. 

Long Wood Valley 119 Liberty street. 

Louisiana and Missouri River 54 William street. 

Louisville and Nashville 52 Wall street. 

Louisville, New Albany and Chicago 26 Exchange place. 

Lykens Valley 13 William street. 

Manhattan Elevated 71 Broadway. 

Marietta and Cincinnati 26 Exchange place. 

Memphis and Charleston 2 Exchange court. 

Metropolitan Elevated Central Trust Co. 

Michigan Central Grand Central Depot. 

Michigan, Midland and Canada Grand Central Depot. 

Minnesota Valley 52 Wall street. 

Missouri, Kansas and Texas .80 Broadway. 

Missouri Pacific 80 Broadway. 

Missouri and Western 3 Broad street. 

Mobile and Montgomery 52 Wall street. 

Mobile and Ohio 9 Nassau street. 

Morris and Essex 26 Exchange place. 

Nashville, Chattanooga and St. Louis. Continental National Bank 

Newark and Bloomfield 26 Exchange place. 

Newark and Hudson Coal and Iron Exchange. 

Newburg and New York - Coal and Iron Exchange. 

New Egypt and Farmingdale 119 Liberty street . 

New Jersey Southern 119 Liberty street. 

New York, Bay Ridge and Jamaica 61 Broadway. 

New York and Canada Coal and Iron Exchange. 

New York Central and Hudson River Grand Central Depot. 

New York City and Northern 3 Broad street. 

New York Elevated 7 Broadway. 

New York and Greenwood Lake 197 Reade street. 

New York and Harlem Grand Central Depot. 

New York, Housatonic and Northern 74 Wall street. 

New York, Lake Erie and Western Coal and Iron Exchange. 



New York Banker 6° Broker Manual. 7 7 

New York and Long Branch 119 Liberty street. 

New York and Mahopac Grand Central Depot. 

New York and Manhattan Beach 115 Broadway. 

New York, New Haven and Hartford Grand Central Depot. 

New York, Ontario and Western Third National Bank. 

New York, Providence and Boston 39 William street. 

Northern Pacific 23 Fifth avenue. 

Nyack and Northern 197 Reade street. 

Ohio Central. v • • • • •. Metropolitan National Bank. 

Ohio and Mississippi 54 William street. 

Oregon Railway and Navigation, 20 Nass?u street. 

Oswego and Syracuse 20 Nassau street. 

Panama 37 Wall street. 

Passaic and Delaware 26 Exchange place. 

Paterson and Hudson River Church and Cortlandt sts. 

Pennsylvania , 21 Cortlandt street. 

Philadelphia and Reading 26 Exchange place. 

Pittsburg, Fort Wayne and Chicago 24 Nassau street. 

Port Royal and Augusta 252 Broadway. 

Rensselaer and Saratoga Bank of Commerce. 

Richmond and Alleghany 3 Broad street. 

Rome, Watertown and Ogdensburg 26 Exchange place. 

St. Joseph and St. Louis 80 Broadway. 

St. Louis, Alton and Terre Haute 50 Wall street. 

St. Louis Bridge 3 Broadway. 

St. Louis, Iron Mountain and Southern Farmers' Loan &^Trust Co. 

St. Louis and San Francisco 3 Broad street. 

St. Paul, Minneapolis and Manitoba 63 William street. 

Savannah, Florida and Western 12 W. 23d street. 

Schenectady and Duanesburg Coal and Iron Exchange. 

Southern Minnesota 92 Broadway. 

Southfield Branch 42 Pine street. 

Spuyten Duyvil and Port Morris Grand Central Depot . 

Stat en Island Foot of Whitehall street . 

Sterling Mountain 42 Pine street. 

Suspension Bridge and Erie Junction Church and Cortlandt sts. 

Sussex 26 Exchange place. 

Syracuse Junction Grand Central Depot. 

Texas and New Orleans 54 Exchange place. 

Texas and Pacific 26 Exchange place. 

Texas Western 141 Broadway. 

Tunnel of St. Louis 3 Broad street. 

Union Pacific Union Trust Company. 

Utica, Clinton and Susquehanna 26 Exchange place. 

Valley, New York 26 Exchange place. 

Vineland ..119 Liberty street. 

Wabash, St. Louis and Pacific 80 Broadway. 

Warren 26 Exchange place. 

Wasatch and Jordan Valley 115 Broadway. 

Waverly and State Line Coal and Iron Exchange. 

West Troy and Green Island Coal and Iron Exchange. 

Winona, Mankota and New Ulm 52 Wall street. 

Winona and St. Peter 52 Wall street. 



78 New York Banker <5n Broker Manual. 



MINING COMPANIES. 



NAME. Transfer Office. 

Alice 47 Broadway. 

Alt a Montana 18 Wall st. 

American Cons 31 Broad st. 

American Flag 59 William st. 

Amie 115 Broadway. 

Argenta 1 15 Broadway. 

Atlantic Copper 74 Wall st. 

Auburn&RockCreek.ll5 Broadway. 

Bald Mountain 21 Nassau st. 

Barbee & Walker. . .59 Drexel Building. 

Barcelona 115 Broadway. 

Bassick 44 Wall st. 

Battle Creek 115 Broadway. 

Bechtel 115 Broadway. 

Big Pittsburg 137 Broadway. 

Black Jack 18 Wall st. 

Bodie.. 12 Pine st. 

Bonanza Chief. 16 Wall st. 

Boston Cons 61 Broadway. 

Boulder Cons 62 Broadway. 

Breece 115 Broadway. 

Buckeye 52 Broadway. 

Bull Domingo 115 Broadway. 

Bui wer 52 Broadway. 

Bye-and-Bye 115 Broadway. 

Calaveras 25 Broad st. 

Carbonate Hill 4 Pine st. 

Caribou Cons 33 Broad st. 

Central Arizona Union Trust Co. 

Cherokee 18 Wall st. 

Cheyenne 54 Broadway. 

Chrysolite 18 Wall st. 

Climax 62 Broadway. 

Colorado Central 29 Broad st. 

Columbia Cons 33 Wall st. 

Consolidated Arizona. 145 Broadway. 

Copper Knob 52 Broadway. 

Crowell 52 Broadway. 

Dahlonega 115 Broadway. 

Deadwood 18 Wall st. 

Dunderberg 62 Broadway. 

Dunkin 60 Broad st. 

Durango 115 Broadway. 

Empire 58 Broadway. 

Eureka Cons 58 Broadway. 

Evening Star 33 Wall st. 

Excelsior 18 Wall st. 

Father De Smet. . . .12 Pine st. 

Findley 70 Broadway. 

Freeland 115 Broadway. 

Glass Pendery 115 Broadway. 

Gold Placer 57 Broadway. 

Gold Stripe 18 Wall st. 

Grand View 115 Broadway. 

Granville 23 Dey st. 



NAME. Transfer Off'e. 

Great Eastern 31 Broad st. 

! Green Mountain 18 Wall st. 

| Harshaw 62 Pear! st. 

Hibernia Cons 115 Broadway. 

Homestake 18 Wall st. 

Horn Silver 44 Wall st. 

Hortense 57 Broadway. 

| Hukill 115 Broadway. 

; Iron Silver 8 Wall st. 

Kings Mountain 52 Broadway. 

Lacrosse 59 William st. 

I La Plata 58 Broadway. 

I Leadville Cons 115 Broadway. 

i Legal Tender 63 Broadway. 

Little Chief 1 37 Broadway. 

Little Pittsburg 115 Broadway. 

Lowland Chief 115 Broadway. 

Lucerne 60 Broadway. 

Malachite 115 Broadway. 

Mariposa 9 Nassau st. 

Mayflower 161 Broadway. 

Mineral Creek 115 Broadway. 

Miner Boy 63 Broadway. 

Moose 57 Broadway. 

Moose Silver 62 Broadway. 

Morning Star 81 Cedar st. 

O. K. & Winnebago. Drexel Building. 

Ontario 18 Wall st. 

Original Keystone. . .1 Wall st. 

Pelican & Dives 197 Broadway. 

Plumas 54 Broad st. 

Quicksilver 19 Nassau st. 

Rappahannock 60 Broadway. 

Red Elephant. 31 Broad st. 

Rico 115 Broadway. 

Rising Sun 18 Wall st. 

Robinson Cons 206 Broadway. 

Sacramento .62 Broadway. 

Silver Cliff 30 Broad st. 

Silver Islet 52 Broadway. 

Silver King, Col 60 Broadway. 

Silver Nugget 52 Broadway. 

South Bulwer 35 Broadway. 

South Hite 35 Broadway, 

South Noonday 35 Broadway. 

Spring Valley 61 Broadway. 

Standard Cons 67 New st. 

Starr-Grove 2 Nassau st. 

Stormont 2 Nassau st. 

Trio 10 Wall st. 

Unadilla 52 Broadway. 

Union Cons 35 Broadway. 

Vandewater 115 Broadway. 

Willshire 60 Wall st. 



New York Banker 6° Broker Manual. 79 

BANKS— NATIONAL. 

American Exchange 128 Broadway. Leather Manufacturers.. .29 Wall st. 

Bank of Commerce 31 Nassau st. Marine 78 Wall st. 

Bank of New York 48 Wall st. Market 286" Pearl st. 

Bank of the Republic 2 Wall st. Mechanics 33 Wall st. 

Bank of the State of N.Y.81 William st. Mechanics Banking Asso 38 Wall st. 

Bowery 62 Bowery. Mechanics and Traders. .153 Bowery. 

Broadway 237 Broadway .Mercantile 191 Broadway. 

Butchers and Drovers 124 Bowery Merchants. 42 Wall st. 

Central 322 Broadway .Merchants Exchange 257 Broadway. 

Chase 104 Broadway. Metropolitan 108 Broadway. 

Chatham 196 Broadway. New York County 14 st. & 8 ave. 

Chemical 270 Broadway . New York Exchange 136 Chambers . 

Citizens 401 Broadway .Ninth 409 Broadway. 

City .52 Wall st. Park 216 Broadway. 

Continental 7 Nassau st. Phenix 45 Wall st. 

East River 682 Broadway. St. Nicholas Wall & Newst. 

Fifth 3d ave. c. 23d. Second 190 Fifth ave. 

First 94 Broadway. Seventh Ward 234 Pearl st. 

Fourth 16 Nassau st. Shoe and Leather 271 Broadway. 

Fulton 39 Fulton st. Sixth 1330 Broadway 

Gallatin 36 Wall st. Third 20 Nassau st. 

Hanover . . .11 Nassau st. Tradesmens 291 Broadway. 

Importers and Traders. . .247 Broadway. Union 34 Wall st. 

Irving 287'Greenwich. United States 35 Nassau st. 

BANKS— STATE. 

Bank of America 46 Wall st. Manhattan Company 40 Wall st. 

Bank of North America. .44 Wall st. Mount Morris 133 E. 125th st 

Bank of the Metropolis. .17 Union sq. Murray Hill 760 Third ave. 

Corn Exchange 13 William st. Nassau 137 Nassau st. 

Eleventh Ward 147 Ave. D. North River 187 Greenwich 

Fifth Avenue. 44 st. & 5th a. Oriental. . 122 Bowery. 

German American 50 Wall st . Pacific 470 Broadway . 

German Exchange 245 Bowery. Peoples 395 Canal st. 

Germania 330 Bowery. Produce 59 Barclay st. 

Greenwich 402 Hudson st.West Side 491 8th ave. 

Island City 79 W. 23d st. 

New York Clearing House Association 14 Pine street, cor. Nassau street. 



BANKS— SAVINGS. 

Bank for Savings 67 Bleeckerst. Harlem 2281 3d ave. 

Bowery 128 Bowery. Institution for the Savings 

Broadway Savings Inst'n. 4 Park place. of Merchants' Clerks. .20 Union sq. 

Citizens 58 Bowery. Irving 96 Warren st . 

Dry Dock 343 Bowery. Manhattan Savings Ins'n 644 Broadway. 

East River 3 Chambers st. Metropolitan 1 Third ave. 

East Side for Sailors 187 Cherry st. Morrisania 3d a. c. Court'd 

Eleventh W^ard 908 Third ave. New York 81 8th ave. 

Emigrant Industrial 51 Chambers. Nqrth River 476 8th ave. 

Exsicelor 374 Sixth ave. St. Johns Fordham. 

Franklin 658 8th ave. Seamen's 74 Wall st. 

German 157 4th ave. Union Dime 54 W. 32d st. 

Greenwich 73 Sixth ave. West Side 154 Sixth ave. 



80 New York Banker d^ Broker Manual. 
TRUST COMPANIES. 

Ameri'n Dock and Trust. 110 Pearl st. N.Y. Life Ins'ce & Trust. 52 Wall st. 

Central 15 Nassau st. Real Estate 115 Broadway. 

Equitable 27 Pine st. Union 73 Broadway. 

Farmers Loan and Trust. 26 Exchange p. United States 49 Wall st. 

Mercantile , 120 Broadway . United States Mortgage. .50 Wall st. 

Mining Trust 115 Broadway . 



SAFE DEPOSIT COMPANIES. 

Bank of N. Y. Safe De- Safe Deposit Co. of N. Y. 140 Broadway. 

posit Vaults. 48 Wall st. Safe Deposit Vault of the „._ "^ 

Central 71 & 73 W. 23 National Park Bank. .. .214 Broadway. 

Mercantile 120 Broadway. Stuyvesant 3d ave. c. 7 st. 



EXCHANGES. 

New York Stock 12 Broad street. 

New York Mining Stock 60 Broadway. 

American Mining Stock 63 Broadway. 

New York Produce Whitehall and Pearl streets. 

New York Cotton Hanover Square. 

New York Petroleum 23 William street. 

Maritime 66 Beaver street. 



MISCELLANEOUS COMPANIES. 

Adams Express 57 Broadway. 

American Express 61 Broadway. 

American District Telegraph 123 So. 5th Ave. 

American Union Telegraph .80 Broadway. 

Atlantic and Pacific Telegraph 145 Broadway. 

Boston Water Power Astor House. 

Boston Land 45 Broad St. 

Canton Land Ill Broadway. 

Colorado Coal and Iron Coal and Iron Exchange. 

Delaware and Hudson Canal Bank of Commerce. 

Long Dock 187 Water St. 

Maryland Coal Ill Broadway. 

Montauk Coal and Gas , Ill Broadway. 

Pacific Mail Steamship Union Trust Co. 

Pullman Palace Car 3 Broad St. 

Western Union Telegraph Union Trust Co. 



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